When a US-Based Company Holds a Receivable Denominated in a Foreign Currency

question 36

Multiple Choice

When a U.S.-based company holds a receivable denominated in a foreign currency, the U.S. company wants the foreign currency to ________ against the U.S. dollar so that the foreign currency can be converted into ________.

• A)weaken; fewer dollars
• B)weaken; more dollars
• C)strengthen; fewer dollars
• D)strengthen; more dollars

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Definitions:

Language Acquisition Device

A hypothetical module of the human mind posited to account for children's innate capacity for language learning.

Learning Theory

A conceptual framework describing how information is absorbed, processed, and retained during the learning process.

Pronunciation

The way in which a word or language is spoken, including the articulation of sounds and stress patterns.

Neanderthals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, known for their contribution to the genetic makeup of modern humans.