Question: Question 1 Explain why do firms become multinational? Was globalization responsible for the slowdown of MNE business during the financial crisis of 2008? Question 2:

Question 1

Explain why do firms become multinational? Was globalization responsible for the slowdown of MNE business during the financial crisis of 2008?

Question 2:

Why do many developing countries fix their currencies, while emerging economies adopt a crawling peg? (state the difference between both first)

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