If the U.S. dollar appreciates relative to foreign currency, what is likely to be the result for the U.S. company that has branches abroad?
A. Foreign exports to the United States will decrease.
B. Profits will decrease, when measured in U.S. dollars.
C. Foreign demand for U.S. goods and services will decrease.
D. Profits will increase, when measured in U.S. dollars.
Answer: B
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