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As a European multinational brand, LVMHs home currency is euro. Imagine in 2007 LVMH sells one of its linen suits for $800
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Answer #1

Arswese MV it Anower : LUMHs home currency us = $800 Selling suce of one linen exchange rate suit in 1$ = €1.35 » in t = $80

wen su No price increase : - Revenue falls from £ 1000 to €888. 6 price increase : - Revenue falls from € 1080 to € 976.80 LO

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