If the domestic currency is strong or expected to become strong,
a) a firm can choose to locate production facilities in a foreign country where costs are low due to either the undervalued currency or underpriced factors of production.
b) a firm should curtail R&D efforts until the exchange rate situation improves.
c) a firm should abandon international sales and focus on domestic market share.
d) the firm should focus on profiting in the currency futures market based on its forecasts.