What are some of the reasons why a relative depreciation of the euro against other currencies is good news for European exporters?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Please select your right reason
What are some of the reasons
why a relative depreciation of the
euro against other currencies is
good news for European
exporters?
Exporters from Europe
may now reach more
markets with their
products priced in euros,
which are significantly
less expensive for clients
outside of Europe.
European-made
products are now more
expensive for customers
outside the Eurozone
The Chinese are selling
below their production
cost, damaging the
European economy
Technological
innovation by European
producers is making
them gain ground in
international markets
Transcribed Image Text:What are some of the reasons why a relative depreciation of the euro against other currencies is good news for European exporters? Exporters from Europe may now reach more markets with their products priced in euros, which are significantly less expensive for clients outside of Europe. European-made products are now more expensive for customers outside the Eurozone The Chinese are selling below their production cost, damaging the European economy Technological innovation by European producers is making them gain ground in international markets
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