5 Lincolnshire Ltd manufactures wholly in the UK and exports 80% of its total production of goods...

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5 Lincolnshire Ltd manufactures wholly in the UK and exports 80% of its total production of goods to Latin American countries. Kalafa Ltd sells all the goods it produces to Latin America, but it has a subsidiary in Spain that usually generates about 20% of its total earnings. Compare the translation exposure of these two UK firms.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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