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If French-based Affiliate A owes U.S.-based affiliate B $1,000 and Affiliate B owes Affiliate A 2,000 when the exchange rate is $1.10 = 1.00. The

If French-based Affiliate A owes U.S.-based affiliate B $1,000 and Affiliate B owes Affiliate A 2,000 when the exchange rate is $1.10 = 1.00. The net payment between A and B should be

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