In a global economy most products contain materials from other countries and that includes food. If you
Question:
In a global economy most products contain materials from other countries and that includes food. If you had orange juice today, it may well have come from Brazil. Your computer and your cell phone contain parts from America or Japan or Taiwan or Thailand or one of the European countries or from all of these places. Thus, exchange rates directly impact the prices you pay for goods. This is your chance to learn more about how that works.
On this discussion , share your findings about whether the currency of the country you chose is appreciating or depreciating relative to the US Dollar.
What do you think this means for American imports from your country?
What do you think it means for American exports to your country?
Country chosen is Mexico.
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr