If a foreign currency is expected to ____ substantially against the parent's currency, the parent may prefer to ____ the remittance of subsidiary earnings.
A) weaken; delay
B) weaken; expedite
C) appreciate; expedite
D) None of these are correct.

Question

Quizplus · Accepted Answer

If a foreign currency is expected to weaken against the parent's currency, the parent may prefer to expedite the remittance of subsidiary earnings to convert the funds before the foreign currency loses more value, thereby preserving more of the remittance's value in the parent's currency.

If a Foreign Currency Is Expected to ____ Substantially Against