AU.S. company is paying for goods purchased in British pounds. All of the following exchange rate movements will give rise to a gain, except: The U.S. dollar appreciating versus the pound. The pound depreciating versus the U.S. dollar. When more pounds are needed to purchase one U.S. dollar. When more U.S. dollars are needed to purchase one pound

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AU.S. company is paying for goods purchased in British pounds. All of the following exchange rate movements will give rise to a gain, except: The U.S. dollar appreciating versus the pound. The pound depreciating versus the U.S. dollar. When more pounds are needed to purchase one U.S. dollar. When more U.S. dollars are needed to purchase one pound.

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