STEP: $1$ of $3$

Consider two U$.$S$.-$based firms, Mason Co$.$ and Dayton Co$.$ Suppose that each MNC has one large foreign subsidiary that generates nearly half of their respective sales. Mason's subsidiary is located in Germany, where the value of the euro is stable. Dayton's subsidiary is located in Venezuela, where the value of the bolivar is highly volatile and subject to large bouts of depreciation.

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TOTAL SCORE: $0/4$

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