Multiple Choice
A Canadian firm has an integrated foreign operation in the United States.Which of the following statements is false?
A) If the US dollar appreciates, the Canadian dollar value reported in the balance sheet of the assets in the United States will be larger.
B) If the US dollar depreciates, the Canadian dollar value reported in the balance sheet of the assets in the United States will be smaller.
C) a and b
D) Need more information
Correct Answer:
Verified
Correct Answer:
Verified
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