Save Ansy 1 points relative to APPP; whereas, a multinational but relative to APPP." Question 1 "All else equal, an exporter prefers to sell its product in countries whose currency is corporation prefers to locate subsidiaries in countries whose currency is currently a. overvalued; overvalued; depreciating b. overvalued; undervalued; appreciating c. undervalued; overvalued depreciating d. undervalued; undervalued; appreciating