Author Question: Fluctuating exchange rates can alter a multinational firm's profits and losses. German company Bayer ... (Read 58 times)

SAVANNAHHOOPER23 · **on:** Jun 29, 2018

Fluctuating exchange rates can alter a multinational firm's profits and losses. German company Bayer produces products in Germany and sells them in the United States.

If the dollar depreciates against the euro, then Bayer's sales in the United States should ________ because it will take ________ U.S. dollars to purchase the German-made products.
A) fall; more B) fall; fewer C) rise; more D) rise; fewer

Question 2

In the United States, ________ percent of all firms are sole proprietorships.

A) 4 B) 14 C) 72 D) 82