The current rate method is typically employed when translating records of ________.
A) foreign subsidiaries that are part of the parent firm's operations
B) domestic affiliates that conduct business abroad occasionally
C) foreign subsidiaries that are considered stand-alone legal entities
D) joint venture partnerships that participate in global operations
Question 2
Alliances are also known as ________.
A) competitive strategies
B) cooperative strategies
C) relational strategies
D) virtual strategies