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NVT (U.S.A.) is a multinational corporation. It operates subsidiaries in four co

ID: 2803018 • Letter: N

Question

NVT (U.S.A.) is a multinational corporation. It operates subsidiaries in four countries. For translation purposes, which of the following countries is considered hyperinflationary?

A.Country M: inflation2014 = 30%, inflation2015 = 38%, inflation2016 = 27%

B.Country Q: inflation2014 = 29%, inflation2015 = 38%, inflation2016 = 32%

C.Country G: inflation2014 = 10%, inflation2015 = 8%, inflation2016 = 5%

D.Country J: inflation2014 = 40%, inflation2015 = 38%, inflation2016 = 51%

A.Country M: inflation2014 = 30%, inflation2015 = 38%, inflation2016 = 27%

Explanation / Answer

Country J has highest inflation where there is no bar.
Hence country J has the highest inflation and thus experiencing hyperinflation