If the dollar appreciates in value against most other countries over the next year, what will the
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Question:
- If the dollar appreciates in value against most other countries over the next year, what will the impact of this be on 3M?
- If the dollar depreciates in value against most other countries over the next year, what will the impact be on 3M?
- Should 3M hedge against adverse movements on foreign exchange rates? How ?
- Should it hedge all of its foreign exchange transactions, or just a subset?
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