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Assume a Zippy Co., a US based MNE has a Canadian subsidiary that annually remits 60 million C$ to the US. If the C$ appreciates
Assume a Zippy Co., a US based MNE has a Canadian subsidiary that annually remits 60 million C$ to the US. If the C$ appreciates the dollar amount of remitted funds ___.
a-is unaffected b-decreases c-increases -None of all the above
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