YOUR FIRM HAS A SUBSIDIARY IN A FOREIGN COUNTRY WHICH HAS PLACED R...

25. Your firm has a subsidiary in a foreign country which has placed restrictions on its own currency, limiting its conversion into other currencies. What is up with that? a. The MNC should shut down operations in protest. b. This is known as blocked funds. c. This will not affect the MNC since the accounting numbers in the consolidated financial statements will not change. d. None of the above