A purely domestic firm may be affected by exchange rate fluctuations if it faces at least some foreign competition.True or False

Answers

Answer 1

Answer: True. A purely domestic firm may still be affected by exchange rate fluctuations if it faces foreign competition.

Answer 2

Answer:

Final answer:

A purely domestic firm may be affected by exchange rate fluctuations if it faces at least some foreign competition. This statement is true.

Explanation:

Exchange rate fluctuations can have a significant impact on domestic firms, even if they primarily operate within their own country. When a domestic firm faces foreign competition, it becomes more vulnerable to exchange rate fluctuations.

If the domestic currency strengthens, it can make imported goods cheaper, potentially leading to increased competition for the domestic firm. On the other hand, if the domestic currency weakens, it can make domestically produced goods more competitive in foreign markets.

Therefore, a purely domestic firm can be affected by exchange rate fluctuations if it faces foreign competition.

Learn more about fluctuations on domestic firms here:

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Answers

Answer:

True

Explanation:

1) Acceptance of goods occurs when the buyer

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Answers

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(Hope this helps)

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Answers

Answer:

a) true

Explanation:

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