If a foreign currency is expected to ____ substantially against the parent's currency, the parent may prefer to ____ the remittance of subsidiary earnings.
A)weaken; delay
B)weaken; expedite
C)appreciate; expedite
D)none of the above

Question

Quizplus · Accepted Answer

If a foreign currency is expected to weaken against the parent's currency, the parent may prefer to expedite the remittance of subsidiary earnings to take advantage of the current stronger value of the foreign currency before it weakens.

If a Foreign Currency Is Expected to ____ Substantially Against