Suppose it costs each subsidiary 1 percent of the transaction amount each time it converts its home
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Suppose it costs each subsidiary 1 percent of the transaction amount each time it converts its home currency into another currency to pay its suppliers. Develop a strategy by which BLP as a corporation can reduce its total currency conversion costs. Suppose your strategy costs BLP 400 euros per month to implement. Should the firm still adopt your approach?
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International Business A Managerial Perspective Global Edition
ISBN: 978-1292313733
9th Edition
Authors: Ricky Griffin ,Mike Pustay ,Michael Pustay
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