Contract signing and payment reimbursement


Assignment:

International business management

Your firm operates in Seattle and is signing a contract to supply advisory services to a design firm in Beijing. Your payment is 50 percent on contract signing and 50 percent on completion, which is two years out. Would you want your payment in dollars or yuan/renminbi for today's portion? What about the portion on completion? Why?

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Business Management: Contract signing and payment reimbursement
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