Question: Di Giorgio International a subsidiary of California based Di Giorgio Corporation
Di Giorgio International, a subsidiary of California-based Di Giorgio Corporation, processes fruit juices and packages condiments in Turnhout, Belgium. It buys Brazilian orange concentrate in dollars, British apples in pounds, Italian peaches in euros, and cartons in Danish kroner. At the same time, it exports 85% of its production. Assess Di Giorgio International's currency risk and determine how it can structure its financing to reduce this risk.
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