Ans: D. A strong dollar gives Americans traveling to other countries more buying power and creates opportunities for American global businesses.
Which of the following statements is true regarding U.S. businesses conducting foreign trade?
A. A weak dollar gives Americans traveling to other countries less buying power but creates opportunities for American global businesses.
B. A strong dollar gives Americans traveling to other countries less buying power but creates opportunities for American global businesses
C. A weak dollar gives Americans traveling to other countries more buying power but creates disadvantages for American global businesses.
D. A strong dollar gives Americans traveling to other countries more buying power and creates opportunities for American global businesses.
Business
You might also like to view...
Business and consumer marketers use many of the same variables to segment their markets
Indicate whether the statement is true or false
Business
The faster goods are sold and collection is made, the shorter the financing period
Indicate whether the statement is true or false
Business
So long as there is at least one general and one limited partner, there are no restrictions on the
number of each type of partner in a limited partnership. Indicate whether the statement is true or false
Business
ABC Corp. extends credit terms of 45 days to its customers. Its credit collection would likely be considered poor if its average collection period was ________
A) 30 days B) 36 days C) 44 days D) 57 days
Business