Porsche relies on currency hedging rather than price increases in order to:

Porsche relies on currency hedging rather than price increases in order to:



A) boost pretax profits on sales of its automobiles.
B) balance the relative value of the dollar compared to the euro.
C) protect all earnings from foreign-exchange movements.
D) generate about 45% of its sales in the United States.
E) A, B & C


Answer: E) A, B & C


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