Attempts Average / 1 16. Multinational working capital management Determine whether each of the following statements are true or false. Statement True False Foreign countries often impose property taxes on assets at the foreign location O If a local currency is expected to decrease in value against the dollar, a U.S. company operating in that country will want to increase stocks of local products before the decline in currency Exchange rates may affect the multinational corporation's inventory policy. A strategy to lower property taxes may be to schedule production so that inventory is at its highest on the assessment date. Grade It Now Save & Continue Continue without saving