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Discussion Q1. Why is the balance of payments important from a business standpoint? Q2. Do you think that the fact that the US possesses a

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Q1. Why is the balance of payments important from a business standpoint?

Q2. Do you think that the fact that the US possesses a currency that many foreigners an advantage for the US or a disadvantage and why?

Q3. If you were part of an exporting or importing business, how would you best mitigate foreign exchange risk on your transactions?

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