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World oil prices have been rapidly swinging over the last few years, in part because of...

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Economics

World oil prices have been rapidly swinging over the last fewyears, in part because of the declining value of the U.S. dollar,changes in supply and demand, and OPEC’s attempts to manage outputin order to maintain higher prices. (OPEC stands for theOrganization of Petroleum Exporting Countries)

As the president of an oil producing and exporting company inAlberta:

  • Explain how you may use hedging to protect your company’sincome.
  • Share a recent publication with your fellow students and yourinstructor.

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