A business would benefit most from an appreciation in the currency of the country in which it is based if:

A business would benefit most from an appreciation in the currency of the country in which it is based if:
A . it exports to other countries a significant proportion of its output
B . it imports a high proportion of the raw materials and components it uses
C . in its domestic market it faces competition from imports
D . its production costs are largely domestic labor costs

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Answer: B