Business, 26.10.2021 16:50 greennakareya

Suppose the foreign subsidiary of a domestic company manufactures and sells a product in its home market (that is, in the foreign market). The subsidiary buys both local and imported inputs to produce the good and sells its goods in a competitive market. If the exchange rate changes, which determinants of operating profits may also change?

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Suppose the foreign subsidiary of a domestic company manufactures and sells a product in its home ma...

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