5) An Italian textile firm is about to build a factory in South Carolina. With the increases in USD against Euro (Ceteri

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answerhappygod
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5) An Italian textile firm is about to build a factory in South Carolina. With the increases in USD against Euro (Ceteri

Post by answerhappygod »

5) An Italian textile firm is about to build a factory in South
Carolina. With the increases in USD against Euro (Ceteris paribus),
will this increase or decrease the Italian textile firm’s original
budget (The amount of euro they need to convert to USD?) (1
point)
6) Mr. Choe is vacationing in Europe where euro is mainly used.
With the increases in USD against Euro (Ceteris paribus), what
happened to my purchasing power (increased or decreased) if I set
my budget to $2,000 spending while I am there? (1 point)'
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