• What do you think of GMs foreign exchange policies? How would you advise them about possible changes to their policies?
• What would happen to GMs income statement if the Canadian dollar moved strongly, in either direction?
• Should GM deviate and change its hedging decision on the Canadian dollar?
• If GM does deviate from its formal policy for its CAD exposure, how should GM think about whether to use forwards or options for the deviation from the policy?
• Should GM increase its hedge with respect to the ARS? How costly would it be and would it be worth it?
• What operational decisions could GM make to manage this exposure?