If a U.S. firm has much more revenue than expenses denominated in euros, the firm will likely ____ if the euro ____.

Question

​If a U.S. firm has much more revenue than expenses denominated in euros, the firm will likely ____ if the euro ____.

Quizplus · Accepted Answer

If the U.S. firm has much more revenue than expenses denominated in euros, a strengthening euro would mean that the firm's euro-denominated revenue would be worth even more in U.S. dollars, resulting in higher profits for the firm. Therefore, the firm would benefit if the euro strengthens.

​If a US Firm Has Much More Revenue Than Expenses Denominated in Denominated

If a US Firm Has Much More Revenue Than Expenses Denominated in Denominated