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Seite 202
For instance , Ethier ( 1973 ) explores an importer hedging against the uncertainty of foreign exchange rate in the forward foreign exchange market , Holthausen ( 1979 ) , Feder , Just and Schmitz ( 1980 ) analyze a competitive firm ...
For instance , Ethier ( 1973 ) explores an importer hedging against the uncertainty of foreign exchange rate in the forward foreign exchange market , Holthausen ( 1979 ) , Feder , Just and Schmitz ( 1980 ) analyze a competitive firm ...
Seite 203
Model , Five Lemmas , Separate Theorm , and the Behavior of an Importer - Exporter in the Forward Foreign Exchange Market . ( A ) : Model Consider a competitive , risk - averse importer - exporter . Since the foreign commodity market is ...
Model , Five Lemmas , Separate Theorm , and the Behavior of an Importer - Exporter in the Forward Foreign Exchange Market . ( A ) : Model Consider a competitive , risk - averse importer - exporter . Since the foreign commodity market is ...
Seite 206
( C ) : The behavior of an importer - exporter in the forward foreign exchange market : From Lemma 2 , we can know the importer - exporter's behavior is as follows : 1 ) When ef > ē and thus B = A - F < 0 , the long and the square ...
( C ) : The behavior of an importer - exporter in the forward foreign exchange market : From Lemma 2 , we can know the importer - exporter's behavior is as follows : 1 ) When ef > ē and thus B = A - F < 0 , the long and the square ...
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