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Boulder, Inc., exports chairs to Europe (invoiced in U.S. dollars) and competes against local European companies. Which of the following is correct? A. If USD
Boulder, Inc., exports chairs to Europe (invoiced in U.S. dollars) and competes against local European companies. Which of the following is correct?
A. If USD appreciate, demand for Boulder product will increase | |
B. If USD depreciate, demand for Boulder product will decrease | |
C. If USD depreciates, Boulder will be at competitive disadvantage | |
D. If USD appreciates, Boulder will be at competitive disadvantage |
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