In 2015, the value of IBM's global profits ________, because the US dollar ________ in value relative to most other currencies.
A)fell; rose
B)rose; rose
C)fell; fell
D)rose; fell

Question

Quizplus · Accepted Answer

When the US dollar rises in value relative to other currencies, it becomes more expensive for foreign customers to purchase IBM's products and services, which can lead to a decline in profits. Therefore, if the US dollar increased in value relative to most other currencies in 2015, it is likely that IBM's global profits fell.

In 2015, the Value of IBM's Global Profits ________, Because