Business, 10.03.2020 04:07 des264

Ppreciation of the euro relative to the U. S. dollar will cause a U. S.-based MNC's reported earnings (from the consolidated income statement) to . If a firm desired to reduce the exposure of its consolidated earnings to exchange rate movements, it could stabilize its reported earnings by euros forward in the foreign exchange market.

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Ppreciation of the euro relative to the U. S. dollar will cause a U. S.-based MNC's reported earning...

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