Question: Please answer both questions. Thank you. Question 1 3 pts You built a plant in the US and you are not exporting cars. The USD

 Please answer both questions. Thank you. Question 1 3 pts You

Please answer both questions. Thank you.

Question 1 3 pts You built a plant in the US and you are not exporting cars. The USD weakened against the CNY but nothing else changed. Using your knowledge of the Edision project (inlcuding that you will buy batteries from China), the profitability of the plant will: Improve Decline Remain unchanged It cannot be determined with the data provided Question 2 3 pts You own a plant in Brazil that is producing cars for export to the U.S. All costs are in BRL except for the batteries it buys in CNY. Which of the following is the most favorable outcome: The BRL weakens against the USD and strengthens against the CNY The BRL strengthens against the USD and weakens against the CNY The BRL weakens against both currencies O The BRL strengthens against both currencies

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