Question
An MNC can avoid translation exposure if its earnings are not remitted by the foreign subsidiary to the parent. a. True b. False To hedge
An MNC can avoid translation exposure if its earnings are not remitted by the foreign subsidiary to the parent.
a. True
b. False
To hedge a ____ in a foreign currency, a firm may ____ a currency futures contract for that currency.
| a. | receivable; purchase |
| b. | payable; sell |
| c. | payable; purchase |
| d. | none of the above |
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
