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1. General Motors exports cars to Spain, but the strong dollar against the euro hurts sales of GM cars in Spain. In the Spanish market,

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1. General Motors exports cars to Spain, but the strong dollar against the euro hurts sales of GM cars in Spain. In the Spanish market, GM faces competition from Italian and French car makers, such as Fiat and Renault, whose operating currencies are the euro. In other words, these Italian and French competitors in the Spanish market are just like local producers not exposed to the exchange rate risk. What kind of measures would you recommend (at least two) to manage GM's operating exposure and maintain the firm's competitive position in Spain

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