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U.S. based General Motors has a Japanese yen receivable resulting from its export sale of goods to Japan and a Brazilian real payable resulting from
U.S. based General Motors has a Japanese yen receivable resulting from its export sale of goods to Japan and a Brazilian real payable resulting from its import purchases from Brazil. General Motors recorded foreign exchange gains related to both its yen receivable and real payable. Did the foreign currencies increase or decrease in dollar value from the date of the transaction to the settlement dates?
YEN REAL
a. Increase Increase
b. Decrease Decrease
c. Decrease Increase
d. Increase Decrease
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