If an analyst saw a "Monetary position loss" in a company's annual report, where would that company be located?

Question

Quizplus · Accepted Answer

"Monetary position loss" is a term that might be used in the context of countries experiencing significant currency devaluation or inflation issues. Mexico has had historical instances of currency devaluation, making it a plausible location for a company to report a "monetary position loss" due to the impact of currency fluctuations on its financial position.

If an Analyst Saw a "Monetary Position Loss" in a Company's