NO.PZ201812100100000404
问题如下：
What is the best response to Question 1?
选项：
A.Yes
B.No, because it would reduce organic sales growth
C.No, because it would reduce net price realization and mix
解释：
A is correct.
Net sales growth equals organic sales growth plus or minus the effects of acquisitions, divestitures, and foreign exchange. A foreign currency translation loss would reduce net sales growth. Thus the answer to Question 1 is yes.
解析：B选项organic sales growth是剔除了并购（acquisition）、剥离（divestiture）以及汇率改变（foreign exchange）之后的核心增长率，是由于价格和销量上涨带来的增长，因此汇率的改变不会影响organic sales growth。C选项Net price realization and mix 指由于价格上涨带来的sales的增长，汇率的改变也不会影响它。Question中的net sales growth是在organic sales growth的基础上考虑并购、剥离以及汇率改变之后的一个总的增长率，因此foreign currency translation loss会降低net sales growth。
Net sales growth equals organic sales growth plus or minus the effects of acquisitions, divestitures, and foreign exchange.
那Net sales growth =organic sales growth加还是减the effects of foreign exchange？
如果是加号，那么外币汇率下降会引起兑换成本币的金额减少，由汇率变动引起的增长率就会小一些，net sales growth下降
