The Manager of the Foreign Exchange Office of a Multinational

Multiple Choice

The manager of the foreign exchange office of a multinational corporation could, in anticipation of a decline in the value of currency of one of its foreign accounts:

A) borrow in that country and add to its account with that branch
B) accelerate the timing of remitting on the payables of that foreign branch
C) enter into a futures contract for delivery of that currency at today's rate
D) shift funds from branches in other countries to that foreign branch