MNCs Can Use Short-Term Foreign Financing to Reduce Their Exposure

Multiple Choice

MNCs can use short-term foreign financing to reduce their exposure to exchange rate fluctuations.For example,if an American-based MNC has ____________ in Algerian dinars,it could borrow ___________,resulting in an offsetting effect.

A) payables;dinars
B) receivables;dinars
C) payables;dollars
D) receivables;dollars