A French Company Sells Goods to a Foreign Customer Whose

question 72

Multiple Choice

A French company sells goods to a foreign customer whose currency is depreciating against the euro. Which of the following will the company most likely experience when completing the sale?

• A) The company will receive fewer euros if the sales price was expressed in the buyer's currency.
• B) The company will receive more euros if the sales price was expressed in the buyer's currency.
• C) The company will receive fewer euros if the sales price was expressed in euros originally.
• D) The company will receive more euros if the sales price was expressed in euros originally.

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Definitions:

Draftee

An individual who has been drafted into military service, often compulsory and without the option to choose.

Smoker

An individual who regularly inhales smoke from substances such as tobacco through cigarettes, pipes, or cigars.

Exaggerating the Improbable

The tendency to overestimate the likelihood of highly unlikely events.

Shark

A type of large fish known for its sharp teeth and predatory behavior, living in oceans around the world.