MNCs can use short-term foreign financing to reduce their exposure to exchange rate fluctuations.For example,if an American-based MNC has ____________ in Algerian dinars,it could borrow ___________,resulting in an offsetting effect.
A) payables;dinars
B) receivables;dinars
C) payables;dollars
D) receivables;dollars

Question

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The Answer of MNCs can use short-term foreign financing to reduce their exposure to exchange rate fluctuations.For example,if an American-based MNC has ____________ in Algerian dinars,it could borrow ___________,resulting in an offsetting effect.
A) payables;dinars
B) receivables;dinars
C) payables;dollars
D) receivables;dollars

MNCs Can Use Short-Term Foreign Financing to Reduce Their Exposure