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Explain Eclectic Theoretical Orientation

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Explain eclectic theoretical orientation.What is the merit in using such an orientation?


Definitions:

Hedge

An investment or action taken to reduce the risk of adverse price movements in an asset.

Exchange Rate Exposure

The potential for a company's profitability, net cash flow, and market value to change because of a change in exchange rates.

Exchange Rate Quotations

The price of one currency in terms of another currency, commonly used in international trade and investment transactions.

Direct Quotations

Refers to the use of exact words from a source material, enclosed in quotation marks, in a written document.

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