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    International Financial Management Study Set 7
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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 73

Question 73

True/False

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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