Question
A US firm sells merchandise today to a British company 100000. The current exchange rate is $2.03/, the account is payable in three months, and
A US firm sells merchandise today to a British company 100000. The current exchange rate is $2.03/, the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce exchange rate. Please discuss passible impact on the firms assets and liabilities.
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
