Generally,MNCs with less foreign costs than foreign revenue will be _______ affected by a _______ foreign currency.
A) favorably;stronger
B) not;stronger
C) favorably;weaker
D) not;weaker
E) B and D

Question

Quizplus · Accepted Answer

When foreign currency strengthens, MNCs with less foreign costs than foreign revenue benefit because their foreign revenue, when converted back to the home currency, increases in value.

Generally,MNCs with Less Foreign Costs Than Foreign Revenue Will Be