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Currencies of some Latin American countries frequently weaken against most other currencies. What concept in this chapter accounts for this occurrence? Why don’t all U.S.-based MNCs use forward contracts to hedge their future remittances of funds from Latin American countries to the U.S. even if they expect depreciation of the currencies against the dollar?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91723107

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