Rule:

Choice "B" is correct. This is an incorrect statement. Atlas will certainly not suffer a loss in the event it has net cash inflows of a foreign currency and the foreign currency appreciates. It will, in fact, benefit from an economic gain. Refer to the "net inflows" column of the "Foreign Currency" section on the chart above and compare it to the line item for foreign currency appreciation. Note that when the foreign currency appreciates, the domestic currency depreciates.Choice "c" is incorrect. This is a correct statement: Atlas will suffer an economic loss in the event it has net cash outflows of a foreign currency and the foreign currency appreciates. Refer to the "net outflows" column of the "Foreign Currency" section on the chart above and compare it to the line item for a foreign currency appreciation. Note that when the foreign currency appreciates, the domestic currency depreciates.
Choice "a" is incorrect. This is a correct statement: Atlas will enjoy an economic gain in the event it has net cash outflows of a foreign currency and the foreign currency depreciates. Refer to the "net outflows" column of the "Foreign Currency" section on the chart above and compare it to the line item for foreign currency depreciation. Note that when the foreign currency depreciates, the domestic currency appreciates.
Choice "d" is incorrect. This is a correct statement: Atlas will suffer an economic loss in the event it has net cash inflows of a foreign currency and the foreign currency depreciates. Refer to the "net inflows" column of the "Foreign Currency" section on the chart above and compare it to the line item for foreign currency depreciation. Note that when the foreign currency depreciates, the domestic currency appreciates.