Multiple Choice
Assume that Ford Motor Company obtains all of its inputs in the United States and all of its costs are denominated in dollars.A depreciation of the dollar's exchange value
A) enhances its international competitiveness.
B) worsens its international competitiveness.
C) does not affect its international competitiveness.
D) None of these are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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