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Matching. 1. the strength of the dollar against foreign currencies exchange rate 2. saw a boom during their first years in the market afl 3. originally organized as a union of skilled workers only prosperity 4. affluence or superabundance competition 5. k-mart ® and wal-mart ® businesses battle for the consumer's purchasing choices snapple® beverages

User Otelia
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Final answer:

The question pertains to business and economics, specifically concerning exchange rate, market prosperity, and competition among businesses.

Explanation:

The question involves a matching exercise that touches on several key economic concepts such as exchange rate, market prosperity, and competition. The exchange rate refers to the strength of a currency against foreign currencies, determining how much foreign currency can be bought with one unit of domestic currency. An appreciating dollar means foreign products in the US become more expensive, potentially leading to fewer imports and an increase in exports as foreign consumers find US goods cheaper.

Market prosperity can occur in various industries, and the presence of competition ensures companies like K-Mart and Wal-Mart keep innovating to capture consumer interest. Economic concepts such as absolute advantage, comparative advantage, and equilibrium price also play crucial roles in understanding how markets function and how firms compete. The impact of foreign direct investment (FDI) and tactics like arbitrage are essential in shaping the way businesses operate across national borders.

User Elias Nicolas
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