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C. 0/1 DISCOVER Apps Microsoft o exposure is far The shifting der TORTE Question 10 1 pts Mequon International (U.S. firm) has a wholly owned

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C. 0/1 DISCOVER Apps Microsoft o exposure is far The shifting der TORTE Question 10 1 pts Mequon International (U.S. firm) has a wholly owned subsidiary in Germany. German subsidiary's main revenue comes from local sales without import competition. If Euro depreciates (against dollar), Euro denominated revenue from German subsidiary is likely to decrease. o Euro denominated revenue from German subsidiary is likely to increase. O U.S. dollar denominated revenue from German subsidiary is likely to increase US dollar denominated revenue from German subsidiary is likely to decrease

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