Airbus is a passenger aircraft manufacturer based in Europe,but like the rest of the global aerospace industry,conducts is business in U.S.dollars.Suppose Airbus sells an aircraft to Air France,and Air France pays Airbus in U.S.dollars.If the value of the U.S.dollar rises relative to the euro,Airbus's profits in Europe will ________ because it will receive ________ when it converts the dollars it earns from the sale into euros.
A) rise; more
B) rise; less
C) fall; more
D) fall; less
Correct Answer:
Verified
Q1: The United States abandoned the Bretton Woods
Q4: The gold standard is an example of
A)a
Q6: The current exchange rate system in the
Q7: Why did the United States abandon the
Q10: The exchange rate system agreed to in
Q15: In the United States today,how much gold
Q19: Under the gold standard,to increase the money
Q20: In what year was the Bretton Woods
Q31: The gold in Fort Knox backs all
Q41: You decide to work in Japan for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents