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Which one of the following management techniques is likely to best offset the risk of long-run exposure to an account payable denominated in a particular
Which one of the following management techniques is likely to best offset the risk of long-run exposure to an account payable denominated in a particular foreign currency?
a. | borrow money in the foreign currency in question | |
b. | rely on the Federal Reserve Board to enact monetary policy favorable to your exposure risk | |
c. | borrow money in home country currency | |
d. | lend money in the foreign currency in question |
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