Blaze Textiles uses the services of Paytym, an e-commerce firm, to handle its payment and delivery processes while exporting its garments. Which of the following forms of internationalization entry tactic has Blaze used when it chooses Paytym as its partner to accomplish its exporting activities? The entry tactic of buy The entry tactic of franchising The entry tactic of euke The entry tactic of ally

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Exchange Rate Risk

It is the possibility that the value of a currency will fluctuate in the future. In the wake of globalization, business establishments have increasingly ventured into international markets. The volume of international trade has prospered excellently in the near past and is expected to be more affluent in the future. The use of exchange-traded derivative financial instruments has been multi-folded to provide for the requirements of various MNCs and offshore potential investors. Most banks and financial institutions have helped integrate the global economies. Our Government has introduced some bold and extreme measures to fulfil the purpose behind the fiscal, industrial, and monetary policies. The enactment of GST is a huge step towards streamlining the taxation system of the country. Owing to Covid-19, this aspect of corporate risk management has become critical.