The inflation rate of a country can affect financial planning in multinational corporations since the value of
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Question:
The inflation rate of a country can affect financial planning in multinational corporations since the value of receivables in each country can face significant devaluation if the inflation rates are high. Your company has operations in the following countries: Belarus, Costa Rica, Finland, Iceland, Paraguay, Thailand, and Zimbabwe. Use the Country Comparator on the globalEDGE site to rank the risk of devaluation of your company's receivables from highest to lowest, based on the most recent data available for each country.
What precautions can your company take in the countries at the top of this list to minimize the risk?
Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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