Question: QUESTION 1 CLO 2 XYZ, US based multinational has recently established two subsidiaries in Canada. These subsidiaries are made me The subsidiaries sell a large

QUESTION 1 CLO 2 XYZ, US based multinational has recently established two subsidiaries in Canada. These subsidiaries are made me The subsidiaries sell a large portion of the products locally XYZ ences earnings beyond what it needs in Canada is remited back to the 2 wly to wild donal subsidiaries in Canada and other countries in Europe in the future A Explain how the XYZ subsidiaries in Canada would use the spot market in foreign exchange B. Explain how XYZ might utilize the International money market when it is establishing other XYZ subsidiaries in Europe. QUESTION 1 CLO 2 XYZ, US based multinational has recently established two subsidiaries in Canada. These subsidiaries are made me The subsidiaries sell a large portion of the products locally XYZ ences earnings beyond what it needs in Canada is remited back to the 2 wly to wild donal subsidiaries in Canada and other countries in Europe in the future A Explain how the XYZ subsidiaries in Canada would use the spot market in foreign exchange B. Explain how XYZ might utilize the International money market when it is establishing other XYZ subsidiaries in Europe

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