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9) Which one of the following statements is correct about reinvoicing centers? They are commonly used...

9)

Which one of the following statements is correct about reinvoicing centers?

They are commonly used by small firms

They are subsidiaries of muntinational corporations and they consolidate currency hedging

They add a mark-up to customer deliveries

They are illegal in most countries

They are subsidiaries of muntinational corporations created to increase sales

10)

Toyota Motors of Japan has outsourced some of its business operations to TCS of India. This is an example of

A licensing agreement

A foreign direct investment

An export agreement

A joint venture

A managerial contract

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