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When the Dollar Became Weaker Relative to the Euro,U

Question 12

Multiple Choice

When the dollar became weaker relative to the Euro,U.S.manufacturers:


A) Were concerned because their goods would become more expensive in European markets.
B) Were pleased because their goods would be cheaper in Europe.
C) Knew sales of their products would increase in Asia because prices would be lower to consumers.
D) Were concerned that sales in Mexico would decrease because the Euro was strong and this increased the price of goods.
E) Were unconcerned.

Correct Answer:

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