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    Exam 1: Multinational Financial Management: An Overview
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    Assume That an MNC Has a Subsidiary in Italy, Which
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Assume That an MNC Has a Subsidiary in Italy, Which

Question 56

Question 56

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Assume that an MNC has a subsidiary in Italy, which exports its products to various countries in Europe. Since all of the countries where it exports use Euro as their currency, this MNC is not subject to the exchange rate risk.

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