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Question(s) / Instruction(s):

A U.S. company that makes all of its goods at a plant in Brazil, and then exports the Brazilian-made goods to country markets across the world

A             Is competitively disadvantaged when the U.S. dollar declines in value against the Brazilian real

B             Is competitively advantaged when the Brazilian real declines in value against the currencies of the countries to which the Brazilian-made goods are being exported

C             Becomes less competitive in foreign markets when the Brazilian real declines in value against the currencies of the countries to which the Brazilian-made goods are being exported

D             Is competitively advantaged when the U.S. dollar appreciates in value against the Brazilian real

E              Is unaffected by changes in the valuation of foreign currencies against the Brazilian real – all that matters to a U.S. company is the valuation of the U.S. dollar against the Brazilian real

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