What was the effect of introducing the Euro with respect to hedging?
A. Euro-zone trading partners no longer need to hedge each other’s currencies.
B. Accounts receivable from sales to a customer in one Euro-zone country acts as a natural hedge against accounts payable to a supplier in another Euro-zone country for companies outside the Euro-zone.
C. There are fewer currencies to hedge.
D. All of the above
Answer:D
What was the effect of introducing the Euro with respect to hedging?
A. Euro-zone trading partners no longer need to hedge each other’s currencies. B. Accounts receivable from sales to a customer in one Euro-zone country acts as a natural hedge against accounts payable to a supplier in another Euro-zone country for companies outside the Euro-zone. C. There are fewer currencies to hedge. D. All of the above