Consider a U.S. MNC with operations in Great Britain. Which of the following will occur following a weakening of the dollar?

		A pound sterling depreciation may affect operating cash flow in pounds by altering the firm's competitive position in the marketplace, and a given operating cash flow in pounds will be converted into a lower dollar amount after the pound depreciation.
		A pound sterling depreciation may affect operating cash flow in pounds by altering the firm's competitive position in the marketplace.
		A given operating cash flow in pounds will be converted into a higher dollar amount after the pound appreciation.
		none of the options