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11. If US. firm's cost of goods sold in Switzerland is much aller than its sales in Switzerland, the appreciation of the Swiss franc has a impact on the firm's positive; gross profit positive; interest expenses negative; interest expenses negative, gross profit are 2. If a firm has an inflow in one currency and an outflow in another currency of about the same amount, therefore the firm's transaction exposure is if the two currencies correlated. low; positively low, negatively high; positively None of the above

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