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Question 4 Not yet graded/ 10 pts This was the headline in the Birmingham News, December 2, 2009: Some production of the Mercedes-Benz C-Class sedan

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Question 4 Not yet graded/ 10 pts This was the headline in the Birmingham News, December 2, 2009: Some production of the Mercedes-Benz C-Class sedan is moving to the automaker's Alabama factory in Vance. Mercedes-Benz parent Daimler AG said today that it will move some production of the C-Class sedan to the automaker's Alabama assembly plant in Vance, e Local production is expected to start in 2014, and the move will coincide with the launch of the next-generation version of the popular C-Class, the German automaker said. "This step is essential for strategic and operational reasons, and helps the company to remain competitive and to fully utilize future growth opportunities," Daimler Chief Executive Dieter Zetsche said in a prepared statement." Please comment on the statement of Daimler's CEO with regards to our discussions on currency exposure and FDI. Keep in mind that the C-class is Mercedes' top selling vehicle in the US Your

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