Question
Titan, Inc. is a US-based firm, it has larger foreign revenue than its costs from orders of foreign material. All of Titan's foreign transactions are
Titan, Inc. is a US-based firm, it has larger foreign revenue than its costs from orders of foreign material. All of Titan's foreign transactions are denominated in the foreign currency of concern. Based in this information, please complete the following statement:
Titan would ____ a stronger dollar and would ____ a weaker dollar.
(Mark the best answer and explain your answer.)
a. | benefit from; be adversely affected by |
b. | benefit from; be unaffected by |
c. | be unaffected by; be adversely affected by |
d. | be adversely affected by; benefit from |
e. | benefit from; benefit from |
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