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Suppose that Chinese suppliers to Walmart wish to hedge a dollar receivable they expect from Walmart one year from now (since their costs, such as

Suppose that Chinese suppliers to Walmart wish to hedge a dollar receivable they expect from Walmart one year from now (since their costs, such as labor costs, are in yuan). Using the money market to hedge, today they would (a) Borrow in yuan and lend in dollars (b) Lend in yuan and borrow in dollars

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