The Ozark Bike Company recently entered into an agreement with a large Japanese retailer to distribute its bicycles in Japan.Ozark Bike Company sees itself in a favorable position because the Yen is gaining strength compared to the U.S.dollar making it cheaper for Japanese customers to buy U.S.products.

Question

Quizplus · Accepted Answer

The statement is true as a stronger Yen would make it cheaper for Japanese customers to buy U.S. products, including bicycles from the Ozark Bike Company.

The Ozark Bike Company Recently Entered into an Agreement with a Large