4. Expected Exchange Rate Changes. Why do unex- pected exchange rate changes contribute to operat- ing exposure,

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4. Expected Exchange Rate Changes. Why do unex- pected exchange rate changes contribute to operat- ing exposure, but expected exchange rate changes do not?

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Fundamentals Of Multinational Finance

ISBN: 9780321541642

3rd Edition

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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