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Economic Exposure Sooner Co. is a U.S. wholesale company that imports expensive, high-quality luggage and sells it to retail stores around the United States. Its
Economic Exposure Sooner Co. is a U.S. wholesale company that imports expensive, high-quality luggage and sells it to retail stores around the United States. Its main competitors also import high-quality luggage and sell it to retail stores. None of these competitors hedges its exposure to exchange rate movements. Why might Sooners market share be more volatile over time if the company hedges its exposure?
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