Question: Which statement below is correct when the direct exchange rate for British pounds increases relative to the U . S . dollar? a . The

Which statement below is correct when the direct exchange rate for British pounds increases relative to the U.S. dollar? a. The indirect exchange rate for pounds has increased b. Exports from the U.S. to England are more expensive O c. Receivables denominated in pounds should not be hedged. d. The U.S. dollar has experienced a weakening.

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