Assume that Citadel Co. purchases some goods in Chile that are denominated in Chilean pesos. It also

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Assume that Citadel Co. purchases some goods in Chile that are denominated in Chilean pesos. It also sells goods denominated in U.S. dollars to some firms in Chile. At the end of each month, it has a large net payables position in Chilean pesos. How can it use an invoicing strategy to reduce this transaction exposure? List any limitations on the effectiveness of this strategy.

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