116-International businesses has developed their image in controlling world economies. It not only affects the GDP of the host country, but also brings foreign reserves to the parent country. With the increase of international activities by the multinational companies and their ultimate effect on economies, there was a need to a. Uniformity of accounting practices so that comparability should be easy b. Taxation laws must be enforced in such a way that all governments must be satisfied c. Sales volume in the local market must be enhanced d. None of the options

116-International businesses has developed their image in controlling world economies. It not only affects the GDP of the host country, but also brings foreign reserves to the parent country. With the increase of international activities by the multinational companies and their ultimate effect on economies, there was a need to a. Uniformity of accounting practices so that comparability should be easy b. Taxation laws must be enforced in such a way that all governments must be satisfied c. Sales volume in the local market must be enhanced d. None of the options

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter11: Managing Transaction Exposure

Section: Chapter Questions

Problem 31QA

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