In a Two-Country,two-Currency International Operation,an Affiliate in Country "A" Needing

question 59

Multiple Choice

In a two-country,two-currency international operation,an affiliate in country "A" needing more of its own currency can

• A)borrow locally.
• B)export to an affiliate and receive funds from that affiliate.
• C)obtain funds from a central pool, which in turn might borrow any of several currencies and exchange them for currency "A."
• D)all of the above.

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