Selling in multiple foreign markets can be an effective way of managing a firms operating exposure when

a. the values of the foreign currencies do not all move in the same direction relative to the value of the domestic currency

b. the firm is willing to adopt a flexible sourcing policy

c. the firm can produce in multiple production sites

d. the firm invests in R&D

e. the values of the foreign currencies all move in the same direction relative to the value of the domestic currency