Question
A U.S.-based MNC imports 30 percent of its supplies from Europe. Exports to Europe, which are invoiced in euros, account for approximately 50 percent of
A U.S.-based MNC imports 30 percent of its supplies from Europe. Exports to Europe, which are invoiced in euros, account for approximately 50 percent of its revenues. In 1-2 pgs, explain how the MNC can reduce its economic exposure to exchange and interest rates fluctuations.
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
