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Exchange rates affect the prices of exported and imported products. Fluctuating exchange rates can also alter a multinational firm's profits and losses. The U.S. corporation,

Exchange rates affect the prices of exported and imported products. Fluctuating exchange rates can also alter a multinational firm's profits and losses. The U.S. corporation, Motorola, produces cell phones and sells cell phones in Mexico. What would happen to Motorolas costs and revenues if the dollar appreciated against the peso?

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