Which of the following is the most common approach to expatriate pay, which equalizes purchasing power across countries so employees can enjoy the same living standard in their foreign posting that they enjoyed at home?
A. Merit approach
B. Correspondence approach
C. Balance sheet approach
D. Parity approach
E. Perceptual approach
C
Business
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Principals are generally not liable for criminal acts of their agents
Indicate whether the statement is true or false
Business
Which one of the following places an MNC at the most risk?
A) protective tariffs B) doing business in countries with inconvertible currencies C) currency controls D) currency boards
Business