asked 152k views
5 votes
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

asked
User ClD
by
8.5k points

1 Answer

4 votes

Answer: a. reduction; reduction

Step-by-step explanation:

answered
User Masimplo
by
8.3k points
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