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Which of the following is true? A. The competitive effect is that a currency depreciation may affect operating cash flow in the foreign currency by

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Which of the following is true? A. The competitive effect is that a currency depreciation may affect operating cash flow in the foreign currency by altering the firscompetitive position in the market. 6. The conversion effect is defined as a given accounting cash value in a foreign currency will be converted into a lower dollar amount after Currency depreciation C. The competitive effect is defined as a given operating cash flow in a foreign currency will be converted into a lower dollar amount after a currency depectation, Nace of the above

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