Foreign firms can finance facilities in the United States, by issuing foreign bonds, which are denominated in the currency of the borrower's country but sold in the U.S.

Question

Quizplus · Accepted Answer

Foreign bonds are typically denominated in the currency of the country where they are sold, not the borrower's country. In the U.S., these would be denominated in U.S. dollars.

Foreign Firms Can Finance Facilities in the United States, by Issuing