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Although MNCs May Need to Convert Currencies Occasionally, They Do

question 71

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Although MNCs may need to convert currencies occasionally, they do not face any exchange rate risk, as exchange rates are stable over time.


Definitions:

Conventional System

A standard and widely accepted system or method followed in a specific field or environment.

Major Headings

The main divisions within a document, typically marked by prominent text features to indicate sections or chapters.

Judicial Attitude

The mindset or approach a judge takes towards legal proceedings and decision-making.

Interpretation Of Findings

The process of analyzing and drawing conclusions from data collected during research or investigation.

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