When a US-Based Company Holds a Receivable Denominated in a Foreign Currency

Multiple Choice

When a U.S.-based company holds a receivable denominated in a foreign currency, the U.S. company wants the foreign currency to ________ against the U.S. dollar so that the foreign currency can be converted into ________.

A) weaken; fewer dollars
B) weaken; more dollars
C) strengthen; fewer dollars
D) strengthen; more dollars