Which of the following statements about working capital management in multinational corporations is correct?
A) Multinational corporations can take advantage of the best interest rates available in the international financial markets by using global concentration banks.
B) The primary reason foreign governments impose import or export quotas and tariffs is to ensure that multinational corporations are able to compete with domestic companies.
C) The political and legal environments in most foreign countries make it easier for multinational corporations than for domestic companies to collect defaulted credit accounts.
D) Many foreign governments provide multinational corporations that operate in their countries with subsidies to offset exchange rate changes that harm the foreign companies' profits.
E) Generally, a multinational company faces a lower threat of government expropriation than do domestic companies.
Correct Answer:
Verified
Q53: Which of the following statements about the
Q54: Generally, the marketable securities account includes securities
Q55: If a firm's credit terms are 2/10
Q56: If a firm discovers that the days
Q57: All else equal, firms that hold greater
Q59: The _ is minimized when a company
Q60: Governments often impose _ to restrict the
Q61: The threat of expropriation creates an incentive
Q62: A firm's credit policy includes procedures that
Q63: Outsourcing is an inventory control procedure where
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents