What effect do trends in the dollar's value have on companies in different industries and in different locations?
A) Significant and equal
B) Marginal and equal
C) Significant and unequal
D) Insignificant and unequal
E) No significant impact

Question

Quizplus · Accepted Answer

Trends in the dollar's value can have significant and unequal effects on companies in different industries and locations. For example, a strong dollar may negatively affect companies that export goods because their products become more expensive for foreign buyers. On the other hand, a strong dollar may benefit companies that import goods because it can reduce the cost of those goods. Additionally, companies that have significant foreign operations may be more heavily impacted by fluctuations in currency exchange rates. Therefore, the impact of the dollar's value varies depending on a company's industry and location, making option C the best choice.

What Effect Do Trends in the Dollar's Value Have on Companies