Matirote Machines, a Boston, Akron USA-based firm, manufactures and sells small machines both domestically and...
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Matirote Machines, a Boston, Akron USA-based firm, manufactures and sells small machines both domestically and internationally. Would a sudden and unexpected appreciation of the U.S. dollar cause sales to increase or decrease abroad? What about sales in the domestic U.S. market? Will domestic sales increase, decrease, or remain the same if the U.S. dollar appreciates unexpectedly? (Assume all other factors remain unchanged.)
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