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With regard to hedging translation exposure, translation losses _______; and gains on forward contracts used to hedge translation exposure _______. are not tax deductible; are
With regard to hedging translation exposure, translation losses _______; and gains on forward contracts used to hedge translation exposure _______.
| are not tax deductible; are taxed |
| are tax deductible; are taxed |
| are not tax deductible; are not taxed |
| are tax deductible; are not taxed |
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