11.   A higher dollar means more income for exporters when dollar sales are converted to francs.

12.   A lower dollar hurts profits of French companies with dollar sales.

13.   A lower dollar hurts the profits of exporters with dollar sales because it means less francs when they are converted.

14.   A rising mark means German companies make less profit when dollar sales are converted to marks and that their products are less competitive abroad.

15.   A rising U.S. currency boosts earnings of French companies when they convert dollar sales into their home currency.

16.   A stronger pound tends to hurt shares by making exports more expensive abroad and means companies get fewer pounds when they convert their dollar sales into sterling.

17.   A weaker dollar cuts the number of francs French exporters earn for dollar sales.

18.   A strong dollar makes German exports cheaper in the U.S. and increases their profits when they convert their dollar denominated sales into marks.

19.   A strong U.S. currency boosts earnings of French companies when they convert dollar sales into francs.

20.   A stronger dollar often benefits multinationals and exporters because it means these companies will get more guilders when they convert their dollar sales.