Chartered Financial Analyst Level 2
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EUR/USD is the amount of EUR per 1 USD. EUR/GBP is the amount of EUR per 1 GBP. The potential negative impact on earnings from exchange rate fluctuations is:
EUR/USD is the amount of EUR per 1 USD. EUR/GBP is the amount of EUR per 1 GBP. The potential negative impact on earnings from exchange rate fluctuations is:
Exam-Like
A
lower for USD than for GBP.
B
the same for both USD and GBP.
C
higher for USD than GBP.
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