Solution-Netting cash flow obligation-france and non-french

Netting cash flow obligation-france and non-french entities

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Reference no: EM131708513

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?

Reference no: EM131708513

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Netting cash flow obligation-france and non-french entities

Reference no: EM131708513

Reference no: EM131708513

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