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Author Question: A French company that sells goods to a foreign customer whose currency is depreciating against the ... (Read 32 times)

future617RT

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on: Jul 7, 2018
A French company that sells goods to a foreign customer whose currency is depreciating against the euro will most likely experience which of the following when completing the sale?
 
  A) The company will receive fewer euros if the sales price was expressed in the buyer's currency.
  B) The company will receive more euros if the sales price was expressed in the buyer's currency.
  C) The company will receive fewer euros if the sales price was expressed in euros originally.
  D) The company will receive more euros if the sales price was expressed in euros originally.

Question 2

Considering the relative efficiency held by nations led to which of the following concepts regarding the rationale for international trade?
 
  A) monopolistic advantage theory
  B) internalization theory
  C) absolute advantage principle
  D) comparative advantage principle


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Mochi

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Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

D


future617RT

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Wow, this really help

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