Business, 01.12.2021 20:00 FailingstudentXD
A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production sites in a variety of countries) can:
a. focus on selling commodity products with product differentiation.
b. lessen the effect of exchange rate changes by sourcing from where input costs are low.
c. pursue a strategy of increasing its products price elasticity of demand.
d. not mitigate the effects of exchange rate changes.
Answers: 1
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