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Mr bilal is owner of timboktoo (a timbe factory) which is operating globally. he has manufacturing plant situated in pakistan however his wood products are
Mr bilal is owner of timboktoo (a timbe factory) which is operating globally. he has manufacturing plant situated in pakistan however his wood products are exported to japan, china and malaysia. Moreover he imports his raw material from kenya. lets assume the value of rupee is low compared to japan,china and malaysia but high compared to kenya.
Q1: What will be the impact of foreign exchange on his sales and purchases?
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