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?