ABC a US-based multinational with subsidiaries in many countries. The firms balance sheet indicates that ABC has exposed assets of 100,000 and exposed liabilities of 80,000. The firm, then, is said to have _____ euro exposure. It will therefore benefit from a _________ of the euro against the dollar.

A. medium; depreciation

B. negative; appreciation

C. positive; appreciation

D. negative; depreciation

E. positive; depreciation