You are on a business trip from portugal to the united, Ask an Expert

Economics

You are on a business trip from Portugal to the United States for 90 days, and you have a per diem expense account of euro 400 per day, no receipts required. This per diem is advanced to you before the trip (euro 36,000). You deposit it into your checking account and use your Portuguese (euro) credit card to cover your costs while in the United States. After the first to weeks of your trip, the dollar weakens against the euro by 15 percent. What ethical dilemma might this currency fluctuation present for you? How will you handle it?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91721104

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