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ABC, a purely domestic British firm that produces furnitures, is deciding on how to handle exchange rate risk. The British fund went through an unexpected

ABC, a purely domestic British firm that produces furnitures, is deciding on how to handle exchange rate risk. The British fund went through an unexpected depreciation in value recently. Which of the following actions is ABC highly unlikely to pursue?

ABC might choose to maintain its domestic sales prices constant in pound terms.

ABC might try to raise domestic prices because competing imports are now priced higher in England.

ABC might try to lower domestic prices because competing imports are now priced higher in England.

None of the above.

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