page 516 portfolio No.16 question long, management, question, opinion

kmf229

Hi,
text vol6 portfolio management. page 516, question No.16 answer is not clear,
will the finding the same if euro depreciation is a progressive adj. to inflation, my answer is it will be the same. in both two case, the exporter will gain and in long run, the cost will be high, which will offset the gain
what’s your opinion?