asked 9.7k views
4 votes
An Italian exporter of designer clothes who sells products in the United States has gained a price advantage because the euro is weakening in relation to the dollar. What is a good strategy for dealing with this​ situation?

1 Answer

7 votes

Answer:

the exporter can maintain the prices and just expand his fashion line.

Step-by-step explanation:

Since the euro is weakening to the dollar, it means he gets more profit than before so he could just enjoy the advantage and increase his fashion export line to other markets in the united states that he is not already present in.

i hope this helps.

answered
User Daryn
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.