If an MNC Invests Excess Cash in a Foreign County

question 10

Multiple Choice

If an MNC invests excess cash in a foreign county, it would like the foreign currency to ____; if an MNC issues bonds denominated in a foreign currency, it would like the foreign currency to ____.

• A) appreciate; depreciate
• B) appreciate; appreciate
• C) depreciate; depreciate
• D) depreciate; appreciate

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