Protect myself against foreign exchange risk-economic risk

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If I were a multinational U.S. corporation who enters into a joint venture in Brazil (with a Brazilian company) to make and sell a product in Brazil---but the currency is dropping against the U.S. dollar, and the economy is in a recession, what does this mean for business?. What measures can I take to protect myself against foreign exchange risk/economic risk?

Reference no: EM13837977

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