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i switched my answer from b to d in the last minute so i'm praying 16 was D 😭

for your example, you should ensure both exchange rates are in the same format (eg AUD/USD or USD/AUD). If we convert it to USD/AUD (so we are comparing against one AUD) for both, that is $1.00USD/AUD to $0.5USD/AUD, which is a depreciation since instead of paying one AUD for one USD, you need...

hey guys i was watching the finance edrollo and it said something about PayPal allowing businesses to hold multiple currencies so they can make payments without conversion fees (since they are technically not converting the currency), would this be considered hedging since it is still minimising...