Higher interest rates in a foreign country tend to ____ the growth of an economy and ____ demand for the MNC's product.

Name: Higher interest rates in a foreign country tend to ____ the growth of an economy and ____ demand for the MNC's product.
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Higher interest rates generally reduce economic growth as borrowing costs increase, leading to reduced consumer spending and investment. This, in turn, can reduce demand for products, including those of multinational corporations (MNCs).

Higher Interest Rates in a Foreign Country Tend to ____