You Are the Chief Financial Officer of a Company That

Essay

You are the Chief Financial Officer of a company that operates in almost two dozen countries around the world: in Europe,Central and South America,and Asia.You manufacture your product (which is used in the auto industry)in many countries,and also sell them in the same countries as well as others: all in the regions described above.You also import items from many countries,for use in your manufacturing process.
Assume that the Canadian dollar has recently risen against the U.S.dollar.How will this affect the parts of your company that import items from China?