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Selling in multiple foreign markets can be an effective way of managing a firms operating exposure when the values of the foreign currencies do not
- Selling in multiple foreign markets can be an effective way of managing a firms operating exposure when
- the values of the foreign currencies do not all move in the same direction relative to the value of the domestic currency
- the firm is willing to adopt a flexible sourcing policy
- the firm can produce in multiple production sites
- the firm invests in R&D
- interest rate swaps are not available
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