American company that imports leather goods from England is most likely to be

Question

Quizplus · Accepted Answer

If an American company is importing goods from England, they will have to convert their US dollars to British pounds to pay for these goods. If they are short on pounds, it means they don't have enough pounds to cover their expenses and will have to purchase pounds at a higher rate. This is more likely to happen if the company hasn't planned or budgeted for their import expenses.

American Company That Imports Leather Goods from England Is Most