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10 cards from this deck
Strategies to handle financial risks in international operations
Market that establishes the price of one currency vs another
When a currency's value rises against another currency
Exports become more expensive and less competitive internationally
When a currency's value falls against another currency
Exports become cheaper and more competitive internationally
Payment in advance
Clean payment (open account payment)
Minimising currency fluctuation risks in international transactions
Financial instruments used to reduce currency fluctuation risks
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