Prior to beginning work on this discussion forum, watch the video, Ray Dalio: How to Build a Company Where the Best Ideas Win (Links to an external site.) . In the final paper, you will formulate foreign exchange strategies for your target market country. After you watch the video, do some brief web/library research to share insights regarding the following:

· Why do some companies like Apple hedge foreign currency sometimes and not at other times and companies like Walmart decide not to hedge currency at all?

· Think about costs of hedging; variables needed to evaluate hedging; and the time, effort, and staffing needs for continuous hedging management.

· Ray Dalio is a hedge fund manager. Based on his TED talk, how do you think he would advise you to prepare foreign exchange strategies and why?