Managerial Economics Import Questions

Question Description

I’m working on a economics discussion question and need an explanation and answer to help me learn.

A US importer who owes and Belgian company 500,000 Euros payable in 30 days from today expects that the US Dollar will weaken during this period. What would you advise the importer to do? What would happen if the imported took your advice yet instead of the dollar weakening, the dollar actually strengthened?

Explanation & Answer:
250 words

Tags:
business strategy

Belgian company

import business

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