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1. Assume a U.S.-based MNC has a Chilean subsidiary that annually remits (sends) 30 million the dollar amount of remitted funds Chilean pesos to the

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1. Assume a U.S.-based MNC has a Chilean subsidiary that annually remits (sends) 30 million the dollar amount of remitted funds Chilean pesos to the United States. If the peso wwwmmmmmmmmmmm a. appreciates; decreases b. depreciates; is unaffected c. appreciates; is unaffected d. depreciates; decreases e. depreciates; is unaffected AND appreciates; is unaffected

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