ABB Bank is a financial corporation located in England and uses euro as its official currency. The company borrows 1 million U.S. dollars from a bank based in United States. ABB will be at a disadvantage if ____.
A. Euro appreciates against all currencies
B. U.S. dollar appreciates against Euro
C. U.S. dollar depreciates against Euro
D. fixed exchange rates are used for the transaction
Answer: C