The economies of scale essentially suggest that larger producers ...

[jCorn1234]

The economies of scale essentially suggest that larger producers have a cost advantage against smaller producers.
 
  Indicate whether this statement is true or false.

Question 2

If a country's currency appreciates compared to other currencies, that country's export-oriented businesses become more competitive globally.
 
  Indicate whether this statement is true or false.

[Kingjoffery]

Answer to Question 1

Answer: True

Answer to Question 2

Answer: False

[jCorn1234]

Thanks for the timely response, appreciate it

[dantucker]

TYSM