You are currently working for a U.S. based MNE that conducts foreign transactions in several global markets. Dealing with a vast array of international sales can have an impact on the earnings and sales. Your company is looking to reduce its exposure to exchange risk by hedging foreign currency. The company is looking into managing these exchange risks by hedging the foreign exchange rates from three to thirty-six months. Analyze the cost of hedging and the stability of the currency in one of the three countries – Venezuela, China, or Japan. What roles do the WTO, World Bank, and IMF play?

The discussion post should be supported by a minimum of three references not including your textbook. The assignment should be according to the Writing Style Guide and the references should be written in APA format with a total of 300 words.