Discuss the effects that a drop in value of the u.s. dollar, Ask an Expert

Accounting

Discuss the effects that a drop in value of the U.S. dollar in relation to other currencies on the foreign exchange markets has on:

(1) The sales of a U.S. business firm that exports part of its output to foreign countries.

(2) The costs of a U.S. business firm that imports from foreign countries part of the inputs used in the manufacture of its products.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M993324

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