Your company located in the US imports raw materials from Europe. If the European Central Bank announces to lower the Euro exchange rate, what impact do you expect to see in your business? A. Your...



Your company located in the US imports raw materials from Europe. If the European Central Bank announces to lower the Euro exchange rate, what impact do you expect to see in your business?


























A.

Your company will pay higher US dollar costs to import from Europe.




B.

Your company will pay lower US dollar costs to import from Europe.



C.

The Euro exchange rate doesn't have any impact on your company.



D.

It should reduce your competitiveness in your home market.





Jun 10, 2022
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