MCQOPTIONS
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| 1. |
When a firm perceives that a foreign currency is ________, the firm may attempt direct foreign investment in that country, as the initial outlay should be relatively _______. |
| A. | overvalued; high |
| B. | overvalued; low |
| C. | undervalued; high |
| D. | undervalued; low |
| Answer» E. | |