ECON 390 - A US importer who owes an Belgian company

ECON 390 - A US importer who owes an Belgian company

Question # 00515927 Posted By: dr.tony Updated on: 04/22/2017 06:24 AM Due on: 04/22/2017
Subject Economics Topic General Economics Tutorials:
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A US importer who owes an Belgian company 500,000 Euros payable in 30 days from today expects that the US Dollar will weaken during this period. What would you advise the importer to do? What would happen if the imported took your advice yet instead of the dollar weakening, the dollar actually strengthened?
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    Tutorial # 00512790 Posted By: dr.tony Posted on: 04/22/2017 06:25 AM
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