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In a currency swap, A two counterparties may have similar credit ratings or firms may have a comparative advantage in borrowing in their domestic markets.

In a currency swap,

A two counterparties may have similar credit ratings or firms may have a comparative advantage in borrowing in their domestic markets.

B two counterparties may have similar credit ratings.

C firms may have a comparative advantage in borrowing in their domestic markets.

D none of the options

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