In high inflation economies financial liabilities are

Name: In high inflation economies financial liabilities are
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In high inflation economies, having financial liabilities can be beneficial for multinational enterprises (MNEs) because the real value of the liabilities decreases over time as inflation erodes the purchasing power of the currency in which the debt is denominated. This means MNEs will effectively pay back less in real terms than when the debt was incurred.

In High Inflation Economies Financial Liabilities Are