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Increase in the value of the domestic currency

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Reference no: EM131934731

Explain the effects of an increase in the value of the domestic currency on a firm's revenue under each of the following conditions:

a. The firm sells only domestically

b. The firm purchases supplies from other countries

c. The firm sells products domestically and in other countries

d. The firm has manufacturing plants located in other countries

Reference no: EM131934731

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