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Which One of the Following Management Techniques Is Likely to Best

question 57

Multiple Choice

Which one of the following management techniques is likely to best offset the risk of long-run exposure to payables denominated in a particular foreign currency?


Definitions:

Specialization

The practice of focusing on a narrow area of work or study to gain efficiency or expertise.

Trade

The act of buying, selling, or exchanging goods and services between people or entities within or across borders.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than its competitors.

Televisions

Electronic devices designed for the reception and display of audiovisual content transmitted over airwaves or through cable systems.

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