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According to an international sales contract, a U.S. company…
According to an international sales contract, a U.S. company sells a piece of machinery to a Japanese firm for $1,000,000. The price is set in U.S. dollars and will be paid in U.S. dollars in 90 days. In this case, which company is exposed to exchange rate risk?
According to an international sales contract, a U.S. company…