What are the advantages and disadvantages of using the big


1. What are the advantages and disadvantages of using the “Big Mac Index” in The Economist magazine to determine purchasing power parity (PPP)? Does it provide insights about where exchange rates are headed? Why or why not?

2. What are some factors that make cash management more complicated in a multinational corporation than in a purely domestic corporation? Explain why these factors complicate cash management.

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Financial Management: What are the advantages and disadvantages of using the big
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