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​When the Dollar Strengthens, the Reported Consolidated Earnings of U

Question 5

Multiple Choice

​When the dollar strengthens, the reported consolidated earnings of U.S.-based MNCs are ____ affected by translation exposure. When the dollar weakens, the reported consolidated earnings are ____.


A) ​favorably; favorably affected but by a smaller degree
B) ​favorably; favorably affected by a higher degree
C) ​unfavorably; favorably affected
D) ​favorably; unfavorably affected

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