ilovepickles2038 ilovepickles2038

09-01-2023
Business

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A manufacturer that ships goods made at its Brazilian plants to markets in foreign countries O views a weaker Brazilian real (vis-a-vis the currencies of the countries to which it is exporting) as an unfavorable exchange rate shift. O views a stronger Brazilian real (vis-a-vis the currencies of the countries to which it is exporting) as a favorable exchange rate shift. O has no interest in whether the Brazilian real grows stronger or weaker vis-a-vis other currencies when its chief competitors are manufacturers based in countries outside Brazil. O views a weaker Brazilian real (vis-a-vis the currencies of the countries to which it is exporting) as a favorable exchange rate shift. O has no interest in whether the Brazilian real grows stronger or weaker vis-a-vis other currencies unless its chief competitors are also making their products at plants located in Brazil.

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