One of the Main Reasons Why Foreign Firms Are Interested

question 33

True/False

One of the main reasons why foreign firms are interested in buying U.S.companies is to gain entrance to the U.S.market.A decline in the value of the dollar relative to most foreign currencies makes this competitive strategy especially attractive.

---

Definitions:

Eurodollar Deposits

U.S. dollars deposited in banks outside the United States, often used in international transactions.