Recently 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 and the appreciation of the Japanese yen resulted in favorable exchange rates for Honda, making it cheaper to ship its Accord models from its Ohio plant to Europe compared to shipping from Japan. This move was made in response to exchange rate fluctuations.