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A firm in the International Trade Phase of Globalization: a. is directly exposed to foreign exchange risk. b. all foreign payments are made in domestic
A firm in the International Trade Phase of Globalization: a. is directly exposed to foreign exchange risk. b. all foreign payments are made in domestic currency units, and all foreign payments are received in foreign currency units. c. None of them d. remit all international payments in foreign currency units and receive all international payments in local currency units.
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