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| An American importer of English clothing has contracted to pay an amount fixed in British pounds 3?months from now. If the importer worries that the U.S. dollar may depreciate sharply against the British pound in the interim, it would be well advised to A. Buy pounds in the forward exchange market. B. Sell pounds in the forward exchange market. C. Buy dollars in the futures market. D. Sell dollars in the futures market. |