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For a recent month, the following payments matrix of interaffiliate cash flows was forecasted: The spot exchange rates are $1.20 = €1.00 and $1.80 = £1.00; affiliates get paid in home currency. Use multilateral netting to find the net payments to and from all parties. Which of the following is an accurate chart of their current situation?
Capitalism
An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.
McWorld
A concept introduced by Benjamin Barber to describe the globalizing, homogenizing force of capitalism and consumer culture.
Benjamin Barber
A political theorist known for his work on democracy and civil society, particularly his critique of global capitalism and argument for more participatory forms of democracy.
Anthony Giddens
A British sociologist known for his theory of structuration and his holistic view of modern societies.
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