Reducing economic exposure high tech is a us-based mnc that, Ask an Expert

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Reducing Economic Exposure. High Tech is a U.S.-based MNC that has a large government contract with France. The contract will continue for several years and generate more than half of Albany's total sales volume. The French government pays Albany in Euros.. About 20 percent of Albany's operating expenses are in Euros, all other expenses are in U.S. dollars. Explain how Albany Corp. can reduce its economic exposure to exchange rate fluctuations.

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