Introductory Paragraph:

The issue at hand is that TravelAction, a company that operates in the tourism industry, is exposed to various risks such as currency fluctuations, changes in fuel prices, and unforeseen events that may impact travel demand. These risks can significantly affect the company's profitability and financial stability, particularly in the short term. To manage these risks, TravelAction needs to develop a hedging strategy that can help mitigate potential losses and ensure the company's long-term success. The hedging strategy should consider the company's risk appetite, financial goals, and exposure to different types of risks. Based on this analysis, our recommendation for TravelAction is to adopt a comprehensive hedging approach that includes both financial and operational risk management techniques, such as currency forward contracts, fuel price swaps, and diversification of its tourism offerings.

Following the introductory paragraph, write the first body paragraph which should have the following characteristics:

The first sentence should both the issue and point of the paragraph, and that point should be the first argument in support of your position statement that is at the end of the introductory paragraph

The body paragraph should have at least 100 words, and at least 6 sentences

All of the sentences in the body paragraph should relate directly to the argument made in the first sentence of the body paragraph

3. After that first body paragraph, provide a one sentence argument that will be the second argument in support of your position statement that is at the end of the introductory paragraph

4. After the second argument, provide a one sentence argument that will be the third argument in support of the position statement that is at the end of the introductory paragraph