Refer to the Following Chart Showing a Distribution of Exporting

question 18

Multiple Choice

Refer to the following chart showing a distribution of exporting firms:
-How many firms export less than $14 million in product?

• A) 3
• B) 60
• C) 50
• D) 49
• E) None of the choices are correct

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Definitions:

Foreign Exchange Gain

A profit arising from a change in exchange rates when foreign currency holdings are valued at a higher rate.

Foreign Exchange Gain

A profit resulting from the appreciation of one currency against another in the foreign exchange market.

U.S. Dollars

The currency of the United States, commonly used as a standard unit of currency in international markets.

Exchange Rates

The value of one currency for the purpose of conversion to another, affecting international transactions and financial statements.