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Assume your U.S. firm currently imports materials from Brazil, paying in Brazilian Real. Once material is received from a source, it is quickly used to
Assume your U.S. firm currently imports materials from Brazil, paying in Brazilian Real. Once material is received from a source, it is quickly used to produce and sell the product in the US. You currently have no other direct exchange rate exposure than these materials. You are looking to establish new export markets. From the point of view of reducing exchange rate risk, explain what your first-choice country would be for those exports.
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