A Criticism of the Floating Rate System Is That the Unpredictability

A criticism of the floating rate system is that the unpredictability of exchange rate movements has made business planning difficult.Advocates of a floating system reply that:

A) the forward exchange market insures against the risks associated with exchange rate fluctuations.
B) companies should invest more in efforts to forecast exchange rate movements.
C) this difficulty is faced by every organization operating in a dynamic business environment.
D) this uncertainty actually aids the growth of international trade and investment and provides new investment opportunities.