In 2014,global Revenue for IBM Was $2 Billion Lower When

Multiple Choice

In 2014,global revenue for IBM was $2 billion lower when measured in dollars than when measured in local currencies.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.