Diego Is a Brazilian Mining Company That Has Operations in Canada

question 11

Multiple Choice

Diego is a Brazilian mining company that has operations in Canada. Currently,the Canadian dollar is falling against the Brazilian real. Which of the following will most likely occur?

• A) Translated earnings will be lower after the fall in the dollar.
• B) Translated earnings will be lower than before the strengthening of the dollar.
• C) Translated earnings will be higher than when the Brazilian real was worth more.
• D) The gains or losses on translated earnings will not affect earnings per share and stock prices.

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Definitions:

Recessive Gene

A type of gene that is not expressed in the phenotype unless two copies are present, one from each parent, as opposed to a dominant gene where only one copy is needed for expression.

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Family Studies

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The impact of genetic factors passed from parents to offspring on the individual's traits and behaviors.