题目内容

Relative to MNEs, purely domestic firms tend to have GREATER political risk.

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MNEs must modify finance theories like cost of capital and capital budgeting because of foreign complexities.

Which of the following is NOT an example of a financial cash flow?

A. parent invested equity capital
B. intrafirm principal payments
C. interest on intrafirm lending
D. export or import of goods and services

Toyota Corporation operates in many different countries and pays taxes at many different rates. However, they always pay the same rate as their local competitors. Toyota is operating in an environment of _________ tax policy.

A. foreign neutrality
B. territorial approach
C. domestic neutrality
D. none of the above

A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

A. currency
B. forward
C. spot
D. swap