Examlex
The direct cost alone of a failed expatriate assignment is estimated to be ________.
Derivative Security
A financial instrument whose value is based on the value of another asset.
Economic Exposure
Long-term financial risk arising from permanent changes in prices or other economic fundamentals.
Cross-Hedging
Hedging an asset with contracts written on a closely related, but not identical, asset.
Basis Risk
Risk that futures prices will not move directly with the cash price hedged.
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