Include explanation; A Chinese company with costs in Chinese local currency, the yuan, and which exports to the United States sees a sharp strengthening of the U.S. dollar relative to the yuan, which of the following is true:

A) The company will likely face a profit squeeze if it does not adjust prices

B) The company can lower its price in the United States without necessarily hurting profits

C) The company can pursue market share gains but only if it is willing to lower overall profits

D)The company will likely face more price competition in China from its US-based competitors