Question: When Gandor was assessing this proposed joint venture, some of its managers recommended that Gandor borrow the Chinese currency rather than dollars to obtain some

When Gandor was assessing this proposed joint venture, some of its managers recommended that Gandor borrow the Chinese currency rather than dollars to obtain some of the necessary capital for its initial investment. They suggested that such a strategy could reduce Gandor’s risk. Do you agree? Explain.

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