A German company's stock is traded in the US over-the-counter (OTC) stock market in the form of American Depository Receipt (ADR). Most of this company's sales revenues come from the European market. Ceteris paribus, if euro depreciates (or loses value) relative to US dollar, then the dollar price of this company's ADR would __________.

a) increase

b) decrease

c) unchange

d) first increase then decrease