If the Mexican peso is devalued, then an MNC operating in Mexico will most likely have to ________.

Name: If the Mexican peso is devalued, then an MNC operating in Mexico will most likely have to ________.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

If the Mexican peso is devalued, the MNC's profits in Mexican pesos will be worth less in US dollars. As a result, repatriating profits to the home country will yield less dollars, so the MNC will likely have to repatriate less profits in dollars.

If the Mexican Peso Is Devalued, Then an MNC Operating