Intro International Cheese Corporation is a U.S. firm with profitable operations in the U.S. and France. It produces and sells cheese in both countries, but does not export or import any products. Part 1 Attempt 2/5 for 8 pts. If the euro depreciates against the dollar (i.e., a euro buys fewer dollars than before), would the company's valuation be affected? Yes, its valuation would decrease, since its U.S. costs would go up when converted to euros. Yes, its valuation would increase, since its profits would be more when converted to dollars. No, since the company does not export or import. Yes, its valuation would increase, since its French costs would go down when converted to dollars. Yes, its valuation would decrease, since its profits would be less when converted to dollars