Wal-Mart and Foreign Exchange Rates

Wal-Mart prices its products in its American stores in terms of American dollars, but prices its foreign products in terms of the currencies of the countries in which they are being sold. The same goes for how the company pays its workers - they are paid in the currency of the country in which they work. Suppliers are normally paid in the currency of the country they are supplying from. The supplier is then responsible for paying its suppliers in a foreign currency, if they are abroad. This is particularly pertinent in the case of Wal-Mart, which must necessarily sell many goods that are imported from countries where goods can be more cheaply produced in ord

Related Essays

-Mart .... ....-Mart's senior management would also want advice from .... 2001), several reasons that foreign strategic alliances .... Exchange rates are influenced by a variety of .... (848 3 )

Growth of -Mart .... ....-Mart's senior management would also want advice from .... 2001), several reasons that foreign strategic alliances .... Exchange rates are influenced by a variety of .... (848 3 )

LA Gear .... into a multi-year agreement with ....-Mart to sell at .... on part, on the currency exchange rates between the .... of LA Gear's use of foreign manufacturing facilities .... (2103 8 )

Statistics for the 11 months ending 11/30/04 .... The change in the exchange rate is determined by .... the US dollar against other foreign currencies making .... government securities, the value of Wal Mart stock would .... (796 3 )

Tamasi Coffee, Inc. .... Mass Merchandiser Specialty Bean Sales (excl ....-Mart) TCI has .... interest rates, and the exchange rate have .... would the matter of foreign exchange speculation arise .... (3788 15 )

Category: Economics - W