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A French corporation purchases finished products from a U.K. subsidiary and sells raw materials to the subsidiary several times in one month. To minimize foreign
A French corporation purchases finished products from a U.K. subsidiary and sells raw materials to the subsidiary several times in one month. To minimize foreign exchange transaction costs, the French corporation's cash manager would MOST LIKELY use with this one trading partner: a. Bilateral netting b. Multilateral netting c. Forward options d. Pooling
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