Don't copy the ans.

An U.S. importer has purchased wool sweaters from a supplier in Australia. The transaction was in Australian dollars. The importer and exporter agreed to the terms Net 30 days. The merchandise has shipped. Which statement is true: The US. importer should enter into a futures contract to buy Australian dollars The US. importer should enter into a futures contract to sell Australian dollars The Australian exporter should enter into a futures contract to buy US. dollars The Australian exporter should enter into a futures contract to sell US. dollars