In Studying Various European Countries to Identify the One Where

Multiple Choice

In studying various European countries to identify the one where Rinker Audio Products can manufacture and use as the base for a pan-Europe launch,the company found out that the country of Marunia changed its foreign exchange rate that resulted in a significant appreciation of the Marun,its local currency.Which of the following is a consequence of Marunia's change in exchange rate that results in appreciation of the local currency?

A) more foreign direct investment into Marunia
B) decrease in the dollar cost of products exported from Marunia
C) diminishing of Marunia's attractiveness as a manufacturing base
D) transformation of Marunia into a low-cost location
E) decrease in the amount of imports brought into Marunia