Is the foreign interest rate typically higher or lower than the U.S. interest rate?

Continuing your creation of a MNC, consider the decisions that you made in previous weeks and add to your company using the below prompts. Activity Instructions Provide answers to the following MNC components using both information and concepts from the text as well as outside research to support your statements and probable MNC success. You can organize your paper using the headings and statements below to make sure you include all of the appropriate information. Financing in Foreign Currency Given that your business has receivables in a foreign currency, you may want to consider financing in that same foreign currency to offset the exposure. Compare the recent interest rate of the foreign currency of concern to the U.S. interest rate: Is the foreign interest rate typically higher or lower than the U.S. interest rate? Would you use financing in that currency to offset receivables? Explain. Explain how you could use foreign financing for your business in a manner that would reduce your exposure to exchange rate risk. Be specific. Managing Cash Given that you receive periodic payments in foreign currency for your exports, explain how you could effectively use cash management. That is, explain how you would use the funds as they are received. If you had some existing short-term debt, would you prefer to invest the cash in short-term securities or would you pay off the debt?