One example of the hedging principle is to reduce a company's foreign exchange risk by

purchasing futures contracts, which are called hedges.

Indicate whether the statement is true or false

FALSE

Business

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Gray market activity often leads to enhanced brand equity

Indicate whether the statement is true or false

Business

A firm's subsidiary built abroad from the ground up is called a(n) ________

A) greenfield investment B) portfolio investment C) distributive channel D) shell corporation

Business