Bilateral Netting Can Reduce the Number of Foreign Exchange Transactions $\frac { N ! ( N - 1 ) ! } { 2 }$

question 56

Multiple Choice

Bilateral netting can reduce the number of foreign exchange transactions among an MNC with N affiliates to

• A) \(\frac { N ! ( N - 1 ) ! } { 2 }\)
• B) \(\frac { N ! } { ( N - 1 ) ! }\)
• C) \(\frac { N \times ( N - 1 ) } { 2 }\)
• D)none of the options