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France during the era of the french franc france imposed a

Question: France. During the era of the French franc, France imposed a rule on its banks and subsidiaries of international companies operating in France that precluded those subsidiaries from netting cash flow obligations between France and non-French related entities. Why do you suppose the French government imposed such a rule, and what if anything could subsidiaries in France have done about it?

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Accounting Basics: France during the era of the french franc france imposed a

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Accounting Basics: France during the era of the french franc france imposed a

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