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100,000 at a current exchange rate of 7. A U.S. firm sells merchandise to a British company for 1 $1.75/E. If the exchange rate changes

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100,000 at a current exchange rate of 7. A U.S. firm sells merchandise to a British company for 1 $1.75/E. If the exchange rate changes to $1.77/E the U.S. firm will realize a (a) loss; $2000 (b) gain; $2000 (c) loss; 2000 (d) gain; 2000

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