The MNE enjoys a much greater choice of banking sources to fund its working capital needs than do domestic firms.Banking sources available to MNEs include in-house banks funded by unrepatriated capital,international banks,and local banks where subsidiaries are located.Describe how an in-house bank works to finance working capital needs.

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The Answer of The MNE enjoys a much greater choice of banking sources to fund its working capital needs than do domestic firms.Banking sources available to MNEs include in-house banks funded by unrepatriated capital,international banks,and local banks where subsidiaries are located.Describe how an in-house bank works to finance working capital needs.

The MNE Enjoys a Much Greater Choice of Banking Sources