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(2) A Chinese exporter exported a $500000 device to the US. The contract has been signed and the delivery date is three months later. Assuming

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(2) A Chinese exporter exported a $500000 device to the US. The contract has been signed and the delivery date is three months later. Assuming the dollar does depreciate after three month, one dollar against RMB has dropped from 6.53 to 6.50. How much money did he lose? In order to avoid the decrease of income due to the depreciation of the US dollar, what can he do

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