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Chapter 9 and our class discussion details the 4 functions of the foreign exchange market. Your company is making money in another country and you
Chapter 9 and our class discussion details the 4 functions of the foreign exchange market. Your company is making money in another country and you want to insure yourself against any change in value between this country's currency and the Canadian dollar. You don't want to make money in this transaction, however you don't want to lose money. Which of the four functions is this, and why do you say this
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