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If the U . S . dollar appreciates relative to foreign currency, what is likely to be the result for the U . S .

If the U.S. dollar appreciates relative to foreign currency, what is likely to be the result for the U.S. company that has branches abroad?
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Profits will decrease, when measured in U.S. dollars.
Profits will increase, when measured in U.S. dollars.
Foreign demand for U.S. goods and services will decrease.
Foreign exports to the United States will decrease.
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