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Which of the following statements are not true? Exporters face a disadvantage if the currency of their country is too strong. Outsourcing means that an
Which of the following statements are not true? Exporters face a disadvantage if the currency of their country is too strong. Outsourcing means that an MNC has initiated the exporting of its products. Sometimes, trade policies are used to punish countries for various actions. Firms usually prefer to pursue direct foreign investments in countries where the local currency is expected to strengthen against their own at a time where the country currency is relatively cheap. Direct foreign investments are more likely to occur in countries with low tax rates on corporate earnings
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