Question: Pandora Inc. ( a U . S . firm ) produces electrical home appliances and has no international business. Its major competitors import most of
Pandora Inc. a US firm produces electrical home appliances and has no international business. Its major competitors import most of their electrical home appliances from Spain and then sell the appliances out of retail stores in the United States. How will Pandora Inc. be affected if the euro strengthens against US dollars over time? Note that the currency in Spain is the euro.
Question options:
It'll not be affected because Cencora Inc. has no international business.
It'll be unfavorably affected.
It'll be favorably affected.
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