Which of the following is considered an appropriate risk management technique?

Select one:

a.an exporter hedging forecasted (but not committed) sales with a forward contract

b.an exporter hedging forecasted (but not committed) sales with a futures contract

c.an exporter hedging forecasted (but not committed) sales by buying an AUD put option

d.an exporter hedging committed sales with a forward exchange contract

e.none of the above