Wedco Technology of New Jersey exports plastics products to Europe. Wedco decided to price its exports in
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a. Does Wedco’s strategy of pricing its materials for European customers in dollars avoid economic exposure? Explain.
b. Explain why the earnings of Telematics International, Inc., were affected by changes in the value of the pound. Why might Telematics leave its exposure unhedged sometimes?
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Telematics International Inc has sales to European customers whi...View the full answer
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