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Suppose that you forecast that the dollar will weaken against a basket of foreign currencies in 2020. All else equal, what do you think would
Suppose that you forecast that the dollar will weaken against a basket of foreign currencies in 2020. All else equal, what do you think would happen to the revenues reported by U.S multinationals in US dollars in 2020?
Revenues will be higher than they would have been without the change in the currency rates.
Revenues will be lower than they would have been without the change in the currency rates.
There will be no effect of the change in currency rates on the revenues reported by multinationals.
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