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Why does a U.S. company exporting wooden furniture manufactured in Malaysia to the European Union benefit from the decline in the value of ringgit against the euro?
Because decline in the value of ringgit against euro raises the cost of furniture manufactured in Malaysia, making it less competitive in European markets
Because decline in the value of ringgit against euro reduces the cost of furniture manufactured in Malaysia, making it more competitive in European markets
Because decline in the value of ringgit against euro has no impact on the cost of furniture manufactured in Malaysia, both in Malaysian or European markets
Because decline in the value of ringgit against euro makes European goods more competitive as compared to Malaysian goods
Which of the following statements about manufacturing and service processes is FALSE?
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A project network but not by the work breakdown structure?
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assuming that everyone in the bar drank at the same rate and that suzy served people on a first come, first served basis, how long would you expect to have to wait for a drink?
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