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Switzerland is a major export market for Magnum Opus, a U.S.-based biotechnology company. Suppose that...

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Accounting

Switzerland is a major export market for Magnum Opus, a U.S.-based biotechnology company. Suppose that the Swiss franc appreciates significantly against the U.S. dollar. This would suggest that:

Multiple Choice

  • Magnum Opuss domestic competitors will face less price competition from Swiss imports.

  • None of the options.

  • Magnum Opus may be priced out of the Swiss market.

  • Magnum Opus will be able to charge more in dollar terms while keeping Swiss franc prices stable.

  • Magnum Opus will be able to charge more in dollar terms while keeping Swiss franc prices stable. At the same time, Magnum Opuss domestic competitors will face less price competition from Swiss imports.

This is A finance question

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