The classic _______ is relatively insensitive to currency fluctuations.
A) domestic firms
B) exporters
C) importers
D) multinational corporations
E) Each of the above is sensitive to changes in foreign exchange rates

Question

Quizplus · Accepted Answer

Domestic firms primarily operate within their own country's market and thus typically do not depend heavily on foreign currencies or international trade. As a result, they are generally less sensitive to fluctuations in foreign exchange rates compared to multinational corporations, exporters, and importers.

The Classic _______ Is Relatively Insensitive to Currency Fluctuations