Assume that the British pound and Swiss franc are highly correlated. A U. S. firm anticipates the equivalent of $1 million cash outflows in francs and the equivalent of $1 million cash outflows in pounds. During a cycle, the firm is affected by its exposure: strong dollar; favorably weak dollar; not strong dollar; not weak dollar; favorably

strong dollar; favorably

Explanation:

During a strong dollar cycle, a US Firm is favorably accepted by its exposure because when the dollar is strong it means that it has a stronger buying or purchasing power for goods and services in other countries.

Also for a US Firm, a strong dollar cycle allows for importation of goods and services to be very cheap.

employers prefer to hire ingenious, resourceful people because ingenious people may be more liable to engage in unethical deportment as they can cerebrate outside of the box

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