Influence on Trade
How does a strong currency influence trade?
1. creates cheaper imports
2. expensive exports
3. impacts trade balance
what are the four impacts on businesses we named?
1. operational costs
2. supply chain management
3. market strategy
4. innovation incentives
What does the US call its currency?
the US Dollar (USD)
how does a weak currency influence trade?
1. increased price of imports
2. increases export competition
3. improved trade balance
what are the four impacts on consumers we named?
1. purchasing power
2. consumer choice
3. employment and wadges
4. behavioral shifts
The ____ Yen
The Japanese Yen
what is a centralized model?
centralized governance delivers scale and consistency
what are operational costs?
Rising raw material prices, labor shortages, or new regulatory compliance fees directly affect the bottom line.
What is the full name of the KWD?
Kuwaiti Dinar
what is a localized model?
localized governance enable speed and market fit
How do market shifts impact consumer choice?
Market shifts can lead to product shortages, fewer brand choices, or "shrinkflation" (getting less product for the same price).
What has the highest value unit per single denomination?
The Kuwaiti Dinar (KWD)