Scenario: Just-For-Kids,Inc. Just-For-Kids,Inc. ,Is a Toys and Clothes Manufacturer Based in Vancouver,BC.The

question 5

Multiple Choice

Scenario: Just-for-Kids,Inc.
Just-for-Kids,Inc. ,is a toys and clothes manufacturer based in Vancouver,BC.The company has received an inquiry from an overseas company to do business.Tom Dodd is the owner of the company researching the opportunity and how exchange rates will affect its international business activities.
-The government of the country that Just-for-Kids is considering doing business in just lowered the value of its currency,which is referred to as ________.

• A)liquidity
• B)devaluation
• C)forward swap
• D)revaluation

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Definitions:

Assets

Resources owned by a business or individual that have economic value and can be converted into cash.

Liabilities

Financial obligations or debts that an entity owes to another party, which must be settled over time through the transfer of economic benefits.

Net Worth

The total value of an individual's or entity's assets minus their liabilities.

Total Value

The aggregate worth of a good, service, product, or other item as perceived by its users.