Hudson Oil and Gas Inc., based in Houston, has a plant in Norway that builds cargo ships used to transport the company’s products around the world. Each year this plant has been profitable, but Hudson Inc. is not able to convert the profits into U. S. dollars and take them out of the country. What type of convertibility does this represent

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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answer; according to the ( irs );

answer; planning;