In August 2011,global Revenues for McDonald's Increased by 11

Multiple Choice

In August 2011,global revenues for McDonald's increased by 11.3 percent when measured in local currencies,but increased by only 5.4 percent when measured in dollars.The reason for this discrepancy is the value of the

A) euro decreased relative to the British pound.
B) British pound increased relative to the U.S. dollar.
C) U.S. dollar increased relative to most other currencies.
D) U.S. dollar decreased relative to the Japanese yen.