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Please place X under an appropriate action in response to foreign-currency rate change Buy = Enter into a forward contract to buy foreign currency. Sell

Please place X under an appropriate action in response to foreign-currency rate change

Buy = Enter into a forward contract to buy foreign currency.

Sell = Enter into a forward contract to sell foreign currency.

Area of Foreign Currency Exposure

Direct Rate

or Currency

Expected

Direction

Buy

Sell

Neither

Exporting

Direct rate

Up

______

______

______

Direct rate

Down

______

______

______

U.S. dollar

Strengthen

______

______

______

U.S. dollar

Weaken

______

______

_____

Foreign

Strengthen

______

______

______

Foreign

Weaken

______

______

______

2. Importing

(Payable)

Direct rate

Up

______

______

______

Direct rate

Down

______

______

______

U.S. dollar

Strengthen

______

______

______

U.S. dollar

Weaken

______

______

______

Foreign

Strengthen

______

______

______

Foreign

Weaken

______

______

______

Tips - Direct rate (quote): 1 Euro = $1.30

UP: 1 Euro = $1.50 ---- Foreign currency strengthens or $US weakens

DOWN: 1 Euro = $1.10 ---- Foreign currency weakens or $US strengthens

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