When the dollar strengthens, the reported consolidated earnings of U.S.-based MNCs are ____ affected by translation exposure. When the dollar weakens, the reported consolidated earnings are ____ affected.
A) favorably; favorably affected but by a smaller degree
B) favorably; favorably affected by a higher degree
C) unfavorably; favorably affected
D) favorably; unfavorably affected
Correct Answer:
Verified
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