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Question 34 2 pts Assume a U.S. company sells a product with dollar-based costs in China and a German company sells a competing product with

Question 34 2 pts Assume a U.S. company sells a product with dollar-based costs in China and a German company sells a competing product with euro-based costs in China. Both products are priced in the Chinese currency, the yuan. Which of the following improves the competitive position of the U.S. company vs the German company, all else equal: The USD weakens vs. the yuan while the euro strengthens against the yuan The USD strengthens vs. the yuan while the Euro weakens against the yuan The exchange rates do not matter for either company because the products are priced in yuan

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