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A U.S. based technology company wishes to expand globally. The company would like to establish some consistent, long term revenue from foreign markets, without taking

A U.S. based technology company wishes to expand globally. The company would like to establish some consistent, long term revenue from foreign markets, without taking on an excessive amount of foreign risk. Its best global strategy would be to:

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Short sell the U.S. dollar vs. the Real in the futures market.

Export its services on an as-needed basis

Establish a licensing agreement with the foreign companies

Establish a fully owned foreign subsidiary in the foreign countries

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