A(n) _____ involves attempting to collect foreign currency receivables early when a foreign currency is expected to depreciate and paying foreign currency payables before they are due when a currency is expected to appreciate.
A) follower strategy
B) interim strategy
C) lead strategy
D) lag strategy

Question

Quizplus · Accepted Answer

Leading involves accelerating payments from weak-currency to strong-currency countries and delaying inflows from strong-currency to weak-currency countries.

A(n) _____ Involves Attempting to Collect Foreign Currency Receivables Early