1. A South Korean company imports from the US. and pays in US. dollars. The spot exchange rate is $/1054won and the forward rate is the same. The South Korean company expects the US. dollar to appreciate against the won. The South Korean company could protect its position by: entering into a hedge buying dollars forward entering into a hedge selling dollars forward entering into locational arbitrage entering into triangular arbitrage 33'3")?: none of the above
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