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Foreign Exchange Market (Part 1) | International Business | From A Business Professor

Foreign Exchange Market (Part 1) | International Business | From A Business Professor

China has been the largest foreign market for Apple for years. In 2020, Apple's revenue in China hit 261.95 billion Chinese yuan, which is about 40.3 billion USD. Under this scenario, even if Chinese yuan depreciate 1 percent against U.S. dollar, Apple's revenue in China will lose around 403 million U.S. dollar. Therefore, the foreign exchange ...

YouTubeBusiness School 10141.7K viewsDec 12, 2021

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