

MCQOPTIONS
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1. |
____________ means using short-term forward contracts to offset “paper” gainsand losses on the long-term assets and liabilities of foreign subsidiaries. |
A. | Hedging transaction exposure |
B. | Hedging balance-sheet exposure |
C. | Hedging economic exposure |
D. | Hedging cost exposure |
Answer» C. Hedging economic exposure | |