How can foreign airlines protectthemselves from price fluctuations related to changing exchange rates?
Question
How can foreign airlines protectthemselves from price fluctuations related to changing exchange rates?
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Solution 1
Foreign airlines can protect themselves from price fluctuations related to changing exchange rates through several strategies:
- Hedging: This is the most common method used by airlines to protect themselves from currency risk. They can enter into forward contracts or options that allow them to bu Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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