Shifting the Manufacturing Base

The use of such :l technique is feasible for large Mn Cs ha ING large financial resource-s and a lag chain of s~starlight’s operating   round the world. In case an ENC has a production center in on country and large sales in some another country, it may find it  useful to have a new subsidiary SE  up or shift the existing one to a country where there are substantial sales of its proud ls. As result, there is built-in hedging of foreign exchange risk as the costs and revenues arc then in ht same currency.

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