[Solved] If a Japanese firm sold $10 billion of machinery in US and the US dollar declined against the Japanese currency:

Q.	If a Japanese firm sold $10 billion of machinery in US and the US dollar declined against the Japanese currency:
A.	the Japanese firm will report more revenue (in terms of Yen) than if the US dollar had remained stable.
B.	the Japanese firm will report less revenue (in terms of Yen) than if the US dollar had remained stable.
C.	the Japanese company will make sure that the difference is paid back to its affiliate.
D.	the Japanese company will move funds to the home country.
Answer» B. the Japanese firm will report less revenue (in terms of Yen) than if the US dollar had remained stable.

2.1k

Do you find this helpful?

View all MCQs in

Export Import Procedures and Documentation

Discussion

No comments yet

Related MCQs

If the price of the Japanese Yen declines considerably against the British Pound:
Which enables an exporter to import capital goods, like plant and machinery at concessional import duty?
PC shipments in India witnessed what percentage of growth in September 2017 quarter as against the year ago?
Consider the following statements about the Foreign Trade Policy 2015-20 unveiled on 1st Apr’15. A. This policy focuses on boosting exports and creating jobs while supporting the Centre’s Make In India and Digital India' programs. B. The new policy is to create architecture for the Indian economy so that it can gain global competitiveness and promote the diversification of Indian export. C. The policy is to move towards paperless working in 24x7 environments. D. The policy comes at a time when export growth contracted 15 percent in February 2014-15, reporting a negative growth for the third consecutive month.
The Indian Council of Arbitration promotes and administer ------------for dispute resolution and encouraging greater domestic and international commerce
To arrest and reverse the declining trend of exports and to provide additional support especially to those sectors which have been hit badly by recession in the developed world is the short objective of.
FERA and FEMA are one and the same
Department of Commerce of the Ministry of Commerce and industry is the main organization to ------------and guide India’s foreign trade policy.
--------------examine issues relevant for promotion of India's foreign trade, and the international competitiveness of Indian goods and services.
-------------organize participation in trade fairs, exhibitions and buyer-seller meets in India and abroad