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A Canadian company is negotiating with a Chinese company to lamber, the Chinese buyer is insisting to pay the amount of this business with Chinese

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A Canadian company is negotiating with a Chinese company to lamber, the Chinese buyer is insisting to pay the amount of this business with Chinese RMB, and the Canadian company is trying to use a strategy to protect itself from currency fluctuations, what would you recommend them? Letter of credit. Risk retention Forward market hedges

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