McqMate
Q. |
When the dollar strengthens, the reported consolidated earnings of U.S. based MNCs are _______ affected by translation exposure. When the dollar weakens, the reported consolidated earnings are __________ affected. |
A. | favorably; favorably affected but by a smaller degree |
B. | favorably; favorably affected by a higher degree |
C. | unfavorably; favorably affected |
D. | favorably; unfavorably affected |
Answer» C. unfavorably; favorably affected |
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