For the US,the Currency Pass-Through Is About 10 Percent

question 13

True/False

For the US,the currency pass-through is about 10 percent.

---

Definitions:

Development

Development refers to the process of economic growth, structural change, and improvement in the living standards and quality of life of a population.

Basic and Applied Research

Fundamental scientific exploration aimed at gaining knowledge and understanding, and its practical application to solve specific problems, respectively.

Percentage

A proportion or share in relation to a whole, expressed as a fraction of 100.

Innovation

The process of creating new ideas, products, or methods, including the improvement of existing ones, to meet new requirements or market needs.