Question: You are a financial analyst for a relatively small global car designer that was founded in Australia. Only recently, they have decided to vertically integrate

You are a financial analyst for a relatively small global car designer that was founded in Australia. Only recently, they have decided to vertically integrate and manufacture cars using their self propulsion technology. The firm has chosen Mexico as its first manufacturing destination, although they will be sourcing material from all over the world. Given the need for the firm to exchange multiple currencies they have asked you to provide and justify the three best strategies for them to reduce their exchange rate risk. (10 marks, 400-word limit)

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