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Which of the following operations benefits from appreciation of the firm's local currency?Here is the link to a blank excel spreadsheet:blank worksheet fox exam.x /
Which of the following operations benefits from appreciation of the firm's local currency?Here is the link to a blank excel spreadsheet:blank worksheet fox exam.xsx A exporting to foreign countries. B receiving earnings dividends from foreign subsidiaries. C purchasing supplies locally rather than overseas. D borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation.
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