If a Foreign Entity Is Only a Shell Company for Carrying

question 80

Multiple Choice

If a foreign entity is only a shell company for carrying accounts that could be carried on the parent's books,

• A)the functional currency would generally be the parent's currency.
• B)the functional currency would generally be the local currency.
• C)there is no reason to hedge transaction exposure.
• D)none of the above

Distinguish between different types of utility functions and their implications for consumer choice.

Evaluate the impact of price changes on the consumption decisions of individuals with specific utility functions.

Identify perfect substitutes and complements from given utility functions.

Calculate the optimal consumption bundle given budget constraints and prices.