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When exchange rates are _____, agreeing to wait for one week from today to engage in an international transaction carries _____. A. fixed rather than
When exchange rates are _____, agreeing to wait for one week from today to engage in an international transaction carries _____. A. fixed rather than flexible; the same amount of risk B. flexible rather than fixed; more risk C. flexible rather than fixed; the same amount of risk D. flexible rather than fixed; less risk
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