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A multinational firm _____. a. has direct investments in manufacturing facilities in more than one country b. exports finished goods for sale in another country

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A multinational firm _____. a. has direct investments in manufacturing facilities in more than one country b. exports finished goods for sale in another country c. imports raw materials from another country d. has a manufacturing representative in another country An exchange rate quoted as $1.47 per British pound is known as a _____ quote. a. hedge b. direct c. futures d. indirect If the direct exchange rate from U.S. dollars to Canadian dollars is $0.80, then the indirect exchange rate is a. $0.80 Canadian $/U.S. dollar b. $1.25 Canadian $/U.S. dollar c. $1.20 Canadian $/U.S. dollar d. $8.00 Canadian $/U.S. dollar

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