Question: Foxguard Inc. makes computer chips. All components are made in the U.S. All of its customers are in the U.S. Foxguard faces competition from chip

Foxguard Inc. makes computer chips. All components are made in the U.S. All of its customers are in the U.S. Foxguard faces competition from chip manufacturers in China and Europe. Does Foxguard face transaction, economic, or translation exchange rate risk? Suggest one way it could hedge against this risk.

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