When people think of foreign exchange, the opportunity to trade forex online comes to mind. The possibility of buying and selling currencies to make a profit is an attractive option. This extends into the automobile industry. Whether you are traveling abroad and plan to rent a car or find a car while in a neighboring country that you consider a potentially lucrative investment, foreign exchange rates are an important factor. The Import and Export of Cars When the currency exchange rate fluctuates, it affects global businesses. For example, after the 2011 earthquake and tsunami in Japan, the … [Read more...]