What is the basic translation hedging strategy


Question 1. What is the basic translation hedging strategy? How does it work?

Question 2. MNCs can always reduce the foreign exchange risk faced by their foreign affiliates by borrowing in the local currency. True or false? Why?

Question 3. Explain why FASB 133 is 'one of the most complex FASB standards'.

Please explain in detail.

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Strategic Management: What is the basic translation hedging strategy
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