What is the difference between direct and indirect claims-, Business Management

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What is the difference between direct and indirect claims-

1. What is the difference between direct and indirect claims?

2. How did derivatives begin?

3. What is a natural hedge? Give some examples of natural hedges.

4. What is the difference between using derivatives for hedging as opposed to speculation?

5. Why are derivatives better than direct claims for speculation?

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Business Management: What is the difference between direct and indirect claims-

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