Business, 25.10.2019 18:43 kiarasanchez17

Appreciation of the euro relative to the u. s. dollar will cause a u. s.-based mnc's reported earnings (from the consolidated income statement) to if a firm desired to reduce the exposure of its consolidated earnings to exchange rate movements, it could stabilize its reported earnings by euros forward in the foreign exchange market.

(a) be reduced; purchasing
(b) be reduced; selling
(c) increase; purchasing
(d) increase; selling

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Appreciation of the euro relative to the u. s. dollar will cause a u. s.-based mnc's reported earnin...