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When the national currency becomes stronger, what happens to corporate profits for companies that do international business? A. Corporations make more money because a stronger
When the national currency becomes "stronger", what happens to corporate profits for companies that do international business?
A. Corporations make more money because a stronger currency is attractive to investors.
B. Companies may suffer because the exchange rate changes and foreign customers have to pay more; this gives competitors an advantage.
C. Nothing; today's companies store money abraod for just such an eventuality.
D. It depends upon how the CFO has handled foreign ecxhange contracts.
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