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QUESTION 26 Assume you only have a plant in the US but import batteries from China because they are 10% cheaper than equivalent batteries manufactured

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QUESTION 26 Assume you only have a plant in the US but import batteries from China because they are 10% cheaper than equivalent batteries manufactured in the US. What would be a rational strategy for your company if you saw the USD weaken by 20% vs. the Chinese Yuan Lower the price of your cars sold in America Shift your battery supplier to the American firm Decide to hedge the USD-Yuan exchange rate for the next three months Increase the number of batteries you buy from China in case the USD strengthens back to its previous level QUESTION 27 Click Save and Submit to save and submit. Click Save All Answers to save all answers Save AA

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