In the mid-1990s, the U.S.dollar depreciated while the Japanese yen soared in value.Honda found that it was much cheaper to ship its Accord models to Europe from its Ohio plant than from Japan.This could most accurately be classed as a move made because of problems or opportunities with:
A)distance.
B)logistics.
C)exchange rate fluctuations.
D)foreign intermediaries.
E)domestic intermediaries.

Question

Quizplus · Accepted Answer

The depreciation of the U.S. dollar relative to the Japanese yen made it more cost-effective for Honda to export cars from the U.S. rather than Japan, highlighting the impact of exchange rate fluctuations on international business decisions.

In the Mid-1990s, the U