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Author Question: Which of the following accurately explains how producers are affected by exchange rate changes? ... (Read 29 times)

saraeharris

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Which of the following accurately explains how producers are affected by exchange rate changes?
 
  A) To save money, a manufacturer may decide to relocate production to a country with a stronger currency.
  B) A manufacturing firm relocating to a country with a weak currency can make a cheap initial investment.
  C) Goods manufactured in a country with a weak currency may be relatively expensive in world markets.
  D) A manufacturer with high operating expenses would likely relocate production to a country with a currency that is gaining value.

Question 2

The ________ acts as a foreign sales department for domestic producers by selling those firms' goods in foreign markets.
 
  A) manufacturers' agent
  B) export and import broker
  C) freight forwarder
  D) manufacturers' export agent


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juicepod

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saraeharris

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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