This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A French company that sells goods to a foreign customer whose currency is depreciating against the ... (Read 36 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

D


future617RT

  • Member
  • Posts: 543
Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

French Brittany French Brittany
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
This headache remedy was “guaranteed” by the drug company; 1906. This headache remedy was “guaranteed” by the drug company; 1906.
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library