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Ford consolidated its foreign units under Mr. Thursfield.
Chief executives at Dow Chemical, Altria and Alcoa started in foreign units of their companies.
Effective indigenous units were thereby deployed at much lower financial and political costs than foreign units.
A related problem concerns the behavior of foreign units that receive U.S. training and funding.
Weyco also agreed to buy some of Florsheim's foreign units, bringing the transaction's value to more than $47 million.
Aviva's crisis, it might be argued, passed when Wilson arrived and a heap of under-powered foreign units were sold.
Similar(23)
The fighter from Cambridgeshire enlisted in January with the Lions of Rojava, a largely foreign unit led by the Kurds.
When one of them is lining up a potential deal, it is almost always because his or a foreign unit is preparing a sting operation, he adds.
Amoco's domestic exploration and production unit earned $34 million before taxes in the quarter, the same as a year ago; the foreign unit earned $16 million, against a loss of $43 million in the 1988 period.
But sales by that foreign unit to Iran can't be in any way under the control of U.S. executives.
In contrast to devaluation, revaluation involves an increase in the exchange value of a country's monetary unit in terms of gold, silver, or foreign monetary units.
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