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31. International cash management is more complicated than purely domestic cash management because A. cash is often denominated in different currencies: B. the firm has

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31. International cash management is more complicated than purely domestic cash management because A. cash is often denominated in different currencies: B. the firm has access to more markets for loans and temporary investments C. of the geographic distance between the foreign subsidiary firm and the domestic parent firm. D. A and B and C. E. A and C 32. Each of the following is a goal for both domestic and multi-national cash management EXCEPT A. speed up payments to creditors. B. speed up collections from customers. C. shift cash as rapidly as possible to where it is needed most. D. maximize the after-tax return on temporary cash balances. 33. The interest rate in any country is determined to a great extent by the country's A. unemployment rate. B. income tax rate. C. inflation rate. D. proximity to the European Union (EU). 34. Purchasing Power Parity (PPP) assumes that market forces will eliminate situations in which A. the same product sells at a different relative price overseas. B. atitis are too high in a foreign country. C. import restrictions exist. D. a monopoly exists

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