Scenario: Just-For-Kids,Inc. Just-For-Kids,Inc. ,Is a Toys and Clothes Manufacturer Based in Vancouver,BC.The
Scenario: Just-for-Kids,Inc.
Just-for-Kids,Inc. ,is a toys and clothes manufacturer based in Vancouver,BC.The company has received an inquiry from an overseas company to do business.Tom Dodd is the owner of the company researching the opportunity and how exchange rates will affect its international business activities.
-If the nation had raised and not lowered its currency's value,its actions would be called ________.
A) valuation
B) devaluation
C) forward swap
D) revaluation
Correct Answer:
Verified
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