If a company's home currency strengthens,it is:
A)a favorable turn of events for the typical exporter.
B)an unfavorable turn of events for the typical exporter.
C)a favorable turn of events since the revenues increase in home currency.
D)an unfavorable turn of events for exporter's home country.
E)neither favorable nor unfavorable turn of events for the typical exporter.

Question

Quizplus · Accepted Answer

When a company's home currency strengthens, it means that the currency is worth more compared to other currencies. This situation is generally unfavorable for exporters because their goods become more expensive for foreign buyers, potentially reducing demand.

If a Company's Home Currency Strengthens,it Is