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A purely domestic firm that sources and sells only domestically, O a. faces exchange rate risk to the extent that it has international competitors in
A purely domestic firm that sources and sells only domestically, O a. faces exchange rate risk to the extent that it has international competitors in the domestic market. O b. faces no exchange rate risk. O c. should never hedge since this could actually increase its currency exposure. O d. faces no exchange rate risk and should never hedge since this could actually increase its currency exposure.
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