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Compare and contrast the four currency translation methods

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Compare and contrast the four currency translation methods. Which two methods are used by FASB 52? Be sure to discuss the two step method used in FASB 52 and how highly inflationary economies (around 100% inflation in a three year period) are handled. Discuss how Japan and Germany approach the translation of currency.

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Macroeconomics: Compare and contrast the four currency translation methods

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