Which of the following would be the most effective way for a U.S. manufacturing firm to mitigate the exposure risk to ongoing payables denominated in British Pounds? Increase sales in the U.K. Increase domestic sales in the U.S. Issue corporate bonds denominated in British Pounds Buy more raw materials from the U.K.

1. increase sales in the UK

2. Increase domestic sales in the US

3. Issue corporate bonds denominated in British pounds

4. Buy more raw materials from the UK.