[case study]번역 Foreign_exchange 해석
![[case study]번역 Foreign_exchange 해석-1](http://images.happyhaksul.com/thumb/593/592744-0001.gif)
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분야
doc수동적 정책 : 상업(운영) 노출의 50% 회피
The policy adopted was generally to hedge 50% of all significant foreign exchange commercial (operating) exposures on a regional level. GM policy differentiated between "commercial" exposures-cash flows associated with the ongoing business such as receivables and payables-and "financial" exposures such as debt repayments and dividends. GM policy also outlined what sorts of derivative instruments were to be used for hedging.
채택된 정책은 (대륙별)지역본부 수준에서 중요한 외환 상업(영업) 노출의 50%를 회피하는 것이었다. GM 정책은 “상업” 노출과 “재정”노출을 차별화하는 것이다. GM 정책은 어떤 종류의 파생상품이 회피하는데 사용되는지를 명시한다.
