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A Thai manufacturer/exporter of silk pillow cases has an account receivable (money that it should receive) in U.S. dollars that is due on May 31.In
A Thai manufacturer/exporter of silk pillow cases has an account receivable (money that it should receive) in U.S. dollars that is due on May 31.In other words, the exporter will receive dollars on May 31.Discuss (a) the possible scenarios that led to this receivable and (b) analyze whether it has a foreign currency exposure and if so, how it can manage that exposure.
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