The ____ the percentage of an MNC's business conducted by its foreign subsidiaries, the ____ the percentage of a given financial statement item that is susceptible to translation exposure.
A)greater; smaller
B)smaller; greater
C)greater; greater
D)none of the above

Question

Quizplus · Accepted Answer

The greater the percentage of an MNC's business conducted by its foreign subsidiaries, the greater the percentage of a given financial statement item that is susceptible to translation exposure, as more of the company's operations are influenced by changes in foreign exchange rates.

The ____ the Percentage of an MNC's Business Conducted by Its