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Kichler Lighting Inc. (a U.S. firm) produces lighting fixtures and has no international business. Its major competitors import most of their lighting fixtures from Italy

Kichler Lighting Inc. (a U.S. firm) produces lighting fixtures and has no international business. Its major competitors import most of their lighting fixtures from Italy and then sell them out of retail stores in the United States. How will Kichler Lighting Inc. be affected if euro (the official currency of Italy) weakens against U.S. dollars over time? It'll be favorably affected. It'll not be affected because Kichler Lighting Inc. has no international business. It'll be unfavorably affected

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