If double taxation were to occur, with a US tax rate of 34% and a foreign tax rate of 52%, what would be the effective tax rate on a US company generating $10,000 of taxable income in the foreign country? Now consider that the foreign tax credit (FTC) scheme is available to this US company and it operates in two countries, Canada (tax rate = 30%) and Mexico (tax rate = 52%). Assume $10,000 of taxable income in both countries. If the company has a 100% dividend policy in Canada, what should its dividend policy be in Mexico to give it the maximum tax advantage? (Show your work systematically assuming US tax rate of 34%)