If an MNC financed with a currency different from its invoice currency, it would prefer that the loan be denominated in a currency that:

Name: If an MNC financed with a currency different from its invoice currency, it would prefer that the loan be denominated in a currency that:
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The MNC would prefer a currency with a low interest rate to minimize borrowing costs and one that is expected to depreciate to reduce the effective cost of repaying the loan when converted back to the invoice currency.

If an MNC Financed with a Currency Different from Its