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A Financial Firm Is Thinking About Discontinuing Its Foreign Currency

Question 101

Multiple Choice

A financial firm is thinking about discontinuing its foreign currency investments in the euro in favor of the yuan in order to increase its profits.If the following facts were known,which one would MOST weaken this idea?


A) Investments in the yuan have marginally outperformed investments in the euro during the last decade.
B) The vast majority of Canadian voters approve of European governments and disapprove of the Chinese government.
C) The company currently has much more money invested in the euro than in the yuan.
D) Europe is showing signs of recovery,but China is showing signs of a downturn.
E) One of the financial firm's competitors achieved record profits after shifting its investments from Japanese yen to U.S.dollars.

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