Vornoda Inc.,a multinational clothing and accessory brand,has been facing huge economic losses due to unpredictable exchange rate movements.In order to gain considerable immunity against such currency fluctuations,Vornoda Inc.should

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By dispersing production to different locations around the globe, Vornoda Inc. can take advantage of different currency movements and reduce its exposure to unpredictable fluctuations in a particular currency. This allows for a more balanced portfolio and can provide greater immunity against economic losses caused by currency movements. Pursuing strategies that increase economic exposure or limiting manufacturing to a single location can increase risk, while avoiding instruments like forward markets and swaps can limit options for managing currency risk.