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Lisa [10]
2 years ago
9

A stronger euro is less favorable for:

Business
1 answer:
Reptile [31]2 years ago
5 0

Group of answer choices.

A. German tourists traveling abroad.

B. American tourists traveling in France.

C. Canadian firms selling in Germany.

D. Canadian investors with money investments in Germany.

Answer:

B. American tourists traveling in France.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.

For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.

However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.

Note: Euro is the official currency (legal tender or money) of Germany.

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Answer:

465 minutes or 8 hours and 15 minutes

Step-by-step explanation:

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8 0
2 years ago
john chapelle wants to know if his video store customers are interested in a selection of classic, black and white movies. how c
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3 years ago
If your income is ​$5353 a​ month, the price of pizza is​ $5 and the price of a video is​ $4, how many pizzas will you buy and h
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4 0
2 years ago
Cedric has been following a detailed review schedule in preparation for his test. He feels confident that he knows the material,
rewona [7]

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This strategy will help Cedric to answer the questions while doing the final writing in answer sheet. By doing this he can also improve his speed with accuracy while answering.

5 0
3 years ago
Opportunity cost a) only is considered for goods in short supply. b) is the value of the next best alternative as a result of ch
Volgvan

Answer:

C. is the value of the next best alternative as a result of choosing some given alternative

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3 years ago
Read 2 more answers
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