Question: An article in the Wall Street Journal on changes in Intel's sales noted, Intel sells its chips to customers in U.S. dollars, but many PC

An article in the Wall Street Journal on changes in Intel's sales noted, "Intel sells its chips to customers in U.S. dollars, but many PC makers that buy those chips sell their products in local currencies." In these circumstances, would an increase in the value of the dollar relative to foreign currencies be likely to help or hurt Intel's sales? Briefly explain.

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