Assume a U

question 49

Multiple Choice

Assume a U.S.-based MNC has a Chilean subsidiary that annually remits 30 million Chilean pesos to the United States. If the peso ____, the dollar amount of remitted funds ____.

• A)appreciates; decreases
• B)depreciates; is unaffected
• C)appreciates; is unaffected
• D)depreciates; decreases
• E)B and C

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Definitions:

Honest Communication

A principle in public relations and personal interactions that emphasizes transparency, truthfulness, and integrity in conveying messages.

Corporate Ethics Codes

Guidelines set by businesses to outline acceptable behaviors and decision-making processes for employees and management to uphold integrity and responsibility.

Increased Globalization

The process of interaction and integration among people, companies, and governments worldwide, leading to increased connectivity and interdependence.

Development

The process of growth, progress, or improvement in a society, organization, or individual, often measured in economic, social, or technological terms.