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torisob [31]
2 years ago
6

A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host

country is known as a(n) ________.
Business
1 answer:
Sveta_85 [38]2 years ago
5 0

A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a back-to-back loan.

<h3>What is a back-to-back loan?</h3>

A back-to-back loan is a deal in which two parent corporations from separate nations borrow equal sums of money in their home currencies and lend it to the local subsidiary of the other.

While businesses could trade money on the currency markets, back-to-back loans can be more practical and provide the necessary currency. However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments. Nevertheless, these tools support global trade.

Learn more about loans here:

brainly.com/question/26390951

#SPJ4

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Suppose independent truckers operate in a perfectly competitive constant cost industry. If these firms are earning positive econ
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Answer:

The price of trucking services would fall until equilibrium prices are reached. Only normal profit would be earned in the long run

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3 years ago
The Michael Miller Corporation has a sales budget for next month of $200,000. Cost of goods sold is expected to be $125,000. All
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Answer:

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Becca, an office manager for a small construction company, met with representatives from Xerox and Minolta, along with the presi
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