Pro Corp, a U

question 35

Multiple Choice

Pro Corp, a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB) , which has a current exchange rate of $0.022. Inflation in the U.S. is expected to be 3% during the next year, while inflation in Thailand is expected to be 10%. Under this scenario, Pro Corp would forecast the value of the baht at the end of the year to be:

• A) $0.023.
• B) $0.021.
• C) $0.020.
• D) None of the above

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Definitions:

Keep Demand

Strategies or practices employed to maintain or increase the desire for products or services among consumers or clients.

Human Resource Strategy

An organizational plan focusing on the management of human capital to align with the objectives and needs of the business.

Labour

The human effort, physical or mental, used in the production of goods and services.

Jobs

Positions of employment where individuals perform specific tasks in exchange for compensation.