3 ms·
Not necessarily. In fact, the importer will probably have to buy raw materials in USD/EUR then sell back in USD/EUR, they're probably not getting any of that co
by scott_w 3y ago
Not necessarily. In fact, the importer will probably have to buy raw materials in USD/EUR then sell back in USD/EUR, they're probably not getting any of that competitiveness at all. Add in the inefficiency of having to translate some of that into an unstable lira, I don't see how they're going to maintain a more competitive price on the lira.