Question: Explain how an increase in a foreign exchange rate will affect a U.S. company that makes: a. Credit sales to a foreign company at prices

Explain how an increase in a foreign exchange rate will affect a U.S. company that makes:
a. Credit sales to a foreign company at prices stated in the foreign currency.
b. Credit purchases from a foreign company at prices stated in the foreign currency.
c. Credit sales to a foreign company at prices stated in U.S. dollars.

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