Chapter18: Globalization
Section: Chapter Questions
Problem 5E
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Question
What role may strategic hedging play in the success of firms in eurozone countries?
Expert Solution
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As of late, the idea of 'hedging' has ascended to prominence in international relations talk. Hedging typically alludes in that context to a public safety or arrangement procedure, attempted by one state toward another, featuring a blend of agreeable and angry components. Strategic hedging means a state spreads its gamble by pursuing two inverse approaches towards another state for example balancing and commitment. Strategic hedging would mean a determined combination of soft and hard power.
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