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Refer to the information provided in Figure 18.1 below to answer the questions that follow. Figure 18.1
-Refer to Figure 18.1.According to the monetarists,a recession can be caused when
Currency
Currency refers to money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins.
Political Risk
Risk related to changes in value that arise because of political actions.
Foreign Subsidiary
A foreign subsidiary is a company that is owned or controlled by another company but operates in a different country from the parent company.
Parent Company
is a corporation that owns enough voting stock in another firm to control its board of directors and therefore its operational and financial policies.
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