IDNLearn.com offers a reliable platform for finding accurate and timely answers. Get the information you need quickly and accurately with our reliable and thorough Q&A platform.
Sagot :
A company's revenues increase when it sells in a country with a strong currency while sourcing from a country with a weak currency.
A weak currency is a country's currency that has lost value in contrast to other currencies. Weak currencies are frequently associated with countries that have poor economic foundations or governance systems. A country looking to increase its exports in global markets may also favor a weak currency.
A strong currency is one whose worth relative to other currencies is increasing, as seen by a drop in the currency's direct exchange rates.
When an exchange rate changes, the value of one currency rises while the value of the other falls. A currency is considered to have appreciated when its value rises. When the value of a currency falls, however, it is said to have depreciated.
To know more about currency click here:
https://brainly.com/question/2202418
#SPJ4
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com is committed to providing accurate answers. Thanks for stopping by, and see you next time for more solutions.
