When the parent's home currency is weak, remitted funds from foreign subsidiaries will convert to a smaller amount of the home currency.

Question

Quizplus · Accepted Answer

When the parent's home currency is weak, remitted funds from foreign subsidiaries will convert to a larger amount of the home currency, as the weak home currency means you get more of it for the same amount of foreign currency.

When the Parent's Home Currency Is Weak, Remitted Funds from Foreign