1 - What are three of the possible choices that an exporter can make (in terms of currency) for a specific transaction?
2 - Explain the three different types of exchange rates. Find the three exchange rates for a currency of your choice and explain the values you find.
3 - What does it mean for a firm to retain its currency fluctuation risk in a transaction?
4 - There are three types of hedges that a firm can use to protect itself against transaction exposure. Choose one of them and explain it.