Which of the Following Is Not One of the Major

question 47

Multiple Choice

Which of the following is not one of the major reasons for MNCs to forecast exchange rates?

• A) to decide in which foreign market to invest excess cash
• B) to decide where to borrow at the lowest cost
• C) to determine whether to require a subsidiary to remit funds or invest them locally
• D) to speculate on exchange rate movements

---

Definitions:

Standard Form I

Generally refers to a universally accepted or conventional format or structure for a particular type of document or argument, though without more context, its specific application in this case is unclear.

Quantity

A property that can exist as a multitude or magnitude, often measurable, that describes the amount or number of something.

Quality

The degree of excellence or distinction of something, often judged according to its attributes or merits.

Universal Affirmative

A statement that positively asserts something about all members of a particular category.