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It's International Finance, please give detailed answer Multinationals generally have production plants in a number of countries. Consequently, they can move production from expensive locations
It's International Finance, please give detailed answer
Multinationals generally have production plants in a number of countries. Consequently, they can move production from expensive locations to cheaper ones in response to various economic developmentsa phenomenon called outsourcing when a domestically based firm moves part of its production abroad. If the dollar depreciates, what would you expect to happen to outsourcing by American companies? Explain and provide an exampleStep by Step Solution
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