A European manufacturer that exports goods made at its European plants to the United States:
A) is competitively disadvantaged when the euro declines in value against the U.S.dollar.
B) is largely unaffected by fluctuating exchange rates between the euro and the U.S.dollar.It would,however,be affected if its plants were in the U.S.
C) becomes more competitive in the U.S.market when the euro declines in value against the U.S.dollar.
D) becomes more competitive in European markets when the euro declines in value against the U.S.dollar.
E) has no interest in whether the euro grows stronger or weaker versus the U.S.dollar unless its chief competitors are other companies located in countries whose currency is also the euro.
Correct Answer:
Verified
Q9: Which of the following is NOT an
Q11: Which of the following is LIKELY to
Q15: Which of the following is NOT a
Q19: Competing in the markets of foreign countries
Q22: Which of the following statements concerning the
Q24: Companies operating in an international marketplace have
Q30: The difference between political risks and economic
Q31: A U.S. company that makes all of
Q37: A weaker U.S. dollar is an economically
Q39: A European-based company that makes all of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents