In general, a firm that concentrates on local sales, has very little foreign competition, and obtains foreign supplies (denominated in foreign currencies) will likely ____ a(n) ____ local currency.
A) be hurt by; appreciated
B) benefit from; depreciated
C) be hurt by; depreciated
D) none of the above

Question

Quizplus · Accepted Answer

The Answer of In general, a firm that concentrates on local sales, has very little foreign competition, and obtains foreign supplies (denominated in foreign currencies) will likely ____ a(n) ____ local currency.
A) be hurt by; appreciated
B) benefit from; depreciated
C) be hurt by; depreciated
D) none of the above

In General, a Firm That Concentrates on Local Sales, Has