Nike's assembly subsidiary in Thailand whose function is to assemble shoes that will be exported to the United States uses the _______________ as its functional currency.

Question

Quizplus · Accepted Answer

The functional currency of the Nike assembly subsidiary in Thailand that exports shoes to the United States would likely be the U.S. dollar, as that is the currency that the subsidiary will receive payment in for the shoes it exports.

Nike's Assembly Subsidiary in Thailand Whose Function Is to Assemble