Question: 1.) Explain how you could use foreign financing for your business in a manner that would reduce your exposure to exchange rate risk. Be specific.
1.) Explain how you could use foreign financing for your business in a manner that would reduce your exposure to exchange rate risk. Be specific.
2.) Given that you receive periodic payments in foreign currency for your exports, explain how you could effectively use cash management. That is, explain how you would use the funds as they are received.
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