The functional currency of a Mexican subsidiary that both manufactures and sells most of its output in Mexico will
A) always be the U.S. dollar
B) always be the Mexican peso
C) be the U.S. dollar unless Mexico has a high rate of inflation
D) be the Mexican peso unless Mexico has a high rate of inflation

Question

Quizplus · Accepted Answer

The Answer of The functional currency of a Mexican subsidiary that both manufactures and sells most of its output in Mexico will
A) always be the U.S. dollar
B) always be the Mexican peso
C) be the U.S. dollar unless Mexico has a high rate of inflation
D) be the Mexican peso unless Mexico has a high rate of inflation

The Functional Currency of a Mexican Subsidiary That Both Manufactures