How Can Export Development Canada (EDC)help Firms to Deal with Political

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The Answer is The EDC,a crown corporation,offers insurance against the inconvertibility of foreign currencies,the expropriation of Canadian-owned assets overseas,the destruction of Canadian-owned physical properties due to war,revolution,and other violent political events in foreign countries,and loss of business income due to political violence.This insurance may allow firms to invest in politically risky countries that they may not enter otherwise.The cost of the insurance premium must be included in the capital budgeting analysis since it represents an incremental cash outflow.

How Can Export Development Canada (EDC)help Firms to Deal with Political

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How Can Export Development Canada (EDC)help Firms to Deal with Political

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Correct Answer:
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