Explain the effects of an increase in the value of the domestic currency on your firms revenues
Question:
(a) Your firm sells only domestically.
(b) Your firm purchases supplies from other countries
(c) Your firm sells products domestically and in other countries
(d) Your firm has manufacturing plants located in other countries Discuss.
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a Sales will decrease to the extent there are foreign produced substitutes b Costs wi...View the full answer
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