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When the Honda headquarter in Japan received car parts from its affiliate Honda USA, it paid a(n) ________ to shift profits to a lower-tax country

When the Honda headquarter in Japan received car parts from its affiliate Honda USA, it paid a(n) ________ to shift profits to a lower-tax country and increase cash flows.

a) transfer price

b)tax credit

c) fronting loan

d) eurocurrency fee

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