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The United States taxes the domestic and remitted foreign earnings of U.S. based MNEs no matter where the earnings occurred. This is an example of a/an ________ approach to levying taxes.

A. worldwide
B. equitable
C. neutral
D. territorial

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In theory, the purely domestic firm should support _ debt ratios than a MNE because their cash flows are _______.

A. higher; more stable due to a lack of international diversification
B. higher; less stable due to a lack of international diversification
C. lower; more stable due to a lack of international diversification
D. lower; less stable due to a lack of international diversification

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Of the following, which would NOT be a significant decision-making factor in a multinational firm's repositioning decision-making?

A. the stability of the local currency
B. the ability to move capital in and out of the subsidiary's country
C. the subsidiary's tax environment (high or low)
D. All of the above are significant factors

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Negotiable certificates issued by a U.S. bank in the United States to represent the underlying shares of stock, which are held in a trust at a custodian bank in a foreign country, are called ______.

A. SDRs
B. FDRs
C. IOUs
D. ADRs

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Other things equal, a firm would rather have in a depreciating currency, and in an appreciating currency.

A. accounts receivable; accounts receivable
B. accounts receivable; accounts payable
C. accounts payable; accounts receivable
D. none of the abov

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The United States taxes the domestic and remitted foreign earnings of U.S. based MNEs no matter where the earnings occurred. This is an example of a/an ________ approach to levying taxes.

A. worldwide B. equitable C. neutral D. territorial

In theory, the purely domestic firm should support _________ debt ratios than a MNE because their cash flows are _______________.

Of the following, which would NOT be a significant decision-making factor in a multinational firm's repositioning decision-making?

Negotiable certificates issued by a U.S. bank in the United States to represent the underlying shares of stock, which are held in a trust at a custodian bank in a foreign country, are called ______.

Other things equal, a firm would rather have ________ in a depreciating currency, and ________ in an appreciating currency.

A. worldwide
B. equitable
C. neutral
D. territorial

In theory, the purely domestic firm should support _ debt ratios than a MNE because their cash flows are _______.

Other things equal, a firm would rather have in a depreciating currency, and in an appreciating currency.