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Exam CSCP topic 1 question 619 discussion

Actual exam question from APICS's CSCP
Question #: 619
Topic #: 1
[All CSCP Questions]

Companies with manufacturing facilities in one country are more cost-competitive in exporting goods to world markets when:

  • A. the local currency is strong.
  • B. the local currency is weak.
  • C. the local currency is stable.
  • D. the local currency is pegged to the target market.
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Suggested Answer: B 🗳️

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yassernaga
9 months, 1 week ago
B : A weak local currency makes the exported goods relatively cheaper for buyers in foreign markets when converted into their stronger currencies. This can make the company's products more attractive and competitive compared to similar products produced in countries with stronger currencies.
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Rajiv8047
1 year ago
Selected Answer: B
When the local currency is weak compared to the currencies of the target export markets, it makes the cost of production (in terms of labor, materials, etc.) cheaper when converted into foreign currencies.
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Daesma
1 year, 5 months ago
Selected Answer: B
D is for stability. If we are looking for costs, B is the correct answer. This could make exports more cost competitive, as locally produced goods would be cheaper for foreign buyers. This is the correct answer.
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CSPark000
1 year, 6 months ago
Selected Answer: C
Is this C ?
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