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mina [271]
3 years ago
15

Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A ra

dio report that he heard this morning indicated that the dollar has fallen sharply against the euro. Based on this information, Louis expects that: A. American goods will become more expensive in France. B. French wines will become more expensive in the United States. C. French wines will become less expensive in the United States. D. the French government will place an embargo on American exports.
Business
1 answer:
leva [86]3 years ago
4 0

Answer:

B) French wines will become more expensive in the United States.

Explanation:

When rate of dollar falls to that of euro, the same number of dollars will purchase fewer French goods, so French goods become more expensive to American consumers. If one travels to Europe (including France), one will exchange one dollar for less than one euro

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<u>Multinational corporations</u> move resources, goods, services, and skills across national boundaries without regard to the country in which they are headquartered.

Multinational corporations:

What do multinational firms mean?

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2 years ago
Which of the following would increase the amount that a person could afford to spend on a home?
bearhunter [10]
The answer is A. Increased family income.
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8 0
3 years ago
Read 2 more answers
What amount must he invest today if his investment earns 8% compounded annually? What amount must he invest if his investment ea
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Answer:

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Explanation:

I hope you can understand better and no need for further explanation.

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kkurt [141]

Answer:

Hi

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Explanation:

8 0
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