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Sunora foods is a Canadian canola oil manufacturer. It has three options. First option is to quickly acquire a Mexican company manufacturing Canola oil in
Sunora foods is a Canadian canola oil manufacturer. It has three options. First option is to quickly acquire a Mexican company manufacturing Canola oil in Mexico. The second option is to export to Mexico and to capture the mexican and Latin American market. Third option is to invest 50 million MXN and establish a manufacturing facility in Mexico in three years. CAD is depreciating against MXN and is expected to depreciate for the next one year. As of now, other things remainining the same, which option is more appropriate? Option 1 Option 2 Option 3 None of these are correct
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