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Appreciation in a firm's local currency causes a(n) ____ in cash inflows and a(n) ____ in cash outflows. a. reduction; reduction b. increase; increase c. increase; reduction d. reduction; increase
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Feb 22, 2024
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Appreciation in a firm's local currency causes a(n) ____ in cash inflows and a(n) ____ in cash outflows.
a. reduction; reduction
b. increase; increase
c. increase; reduction
d. reduction; increase
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Answer: a. reduction; reduction
Step-by-step explanation:
Masimplo
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