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Which of the following operations benefits from appreciation of the firm's local currency Select one: a. borrowing in a foreign currency and converting the funds
Which of the following operations benefits from appreciation of the firm's local currency
Select one:
a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation
b. receiving earning dividends from subsidiaries in their local currencies
c. purchasing supplies locally rather than overseas
d. exporting to foreign currencies
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