Examlex
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?
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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