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Which one of these is a suggested means of reducing short-run exposure to exchange rate risk? Compiling financial statements only in foreign currency terms Utilizing
Which one of these is a suggested means of reducing short-run exposure to exchange rate risk?
Compiling financial statements only in foreign currency terms | ||
Utilizing foreign borrowing to fund foreign operations | ||
Borrowing domestic currency, exchanging it for foreign currency, and investing it in foreign investments | ||
Ensuring any foreign operation requires significant parent company involvement | ||
Using a current spot contract to exchange the amount of funds needed |
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