When a global company originates from a country that may not have a sound financial system (e.g.
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When a global company originates from a country that may not have a sound financial system (e.g. Argentina), should its overseas offices/subsidiaries hedge their local currencies against the currency of the head office or hedge it against a foreign currency (e.g. USD), which is less prone to be affected by significant devaluations?
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Global Strategic Management
ISBN: 9781350932968
5th Edition
Authors: Philippe Lasserre, Felipe Monteiro
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