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mobious74 mobious74
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6 years ago
With respect to exchange rates and competition, it is correct to say that
A) as the value of a country's currency falls, there is an increased incentive for foreign companies to ship products into the domestic market.
B) Canadian firms can deal with a stronger Canadian dollar by increasing the efficiency their operations.
C) companies that conduct international operations do not have to worry about the effect of exchange-rate fluctuations on competition because the accounting department does the conversions.
D) as the value of a country's currency falls, its balance of trade becomes less favourable.
E) all of these are correct.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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ByprivateByprivate
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6 years ago
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mobious74 Author
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6 years ago
Good timing, thanks!
Ifekwunigwe
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Yesterday
This site is awesome
alpheratz
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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