Assume you are a Chinese exporter and expect to receive $250,000 at the end of 60 days. You can remo
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Assume you are a Chinese exporter and expect to receive $250,000 at the end of 60 days. You can remove the risk of loss due to a devaluation of the dollar by:
A.selling dollars in the 60-day forward exchange market.
B.buying dollars now and selling these dollars at the end of 60 days.
C.selling the yuan equivalent in the forward exchange market for 60-day delivery.
D.keeping the dollars in the United States after they are delivered to you.
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