1. Which of the following is another name for translation exposur A. accounting exposure. B. strategic exposure. C. economic exposure. D. competitive exposure. 2. exposure deals with cash flows that result from exis obligations. A. Transaction B. Operating C. Currency D. Translation E. Economic 3. The phase of the globalization process in racterized by impos exports to foreign buyers is called the A. domestic phase. B. multinational phase. C. international phase. D. import-export banking phase. 4. The balance on trade: A. Must be negative B. Must be positive C. Must be zero D. Could be negative, positive, or zerc 5. Which of the following is not one of the major groups payments? A. current account B. capital account C. financial account D. profit account 6. The three main types of foreign exchange risk are A. operating, transaction, and translaticn B. translation, accounting, and operating C. transaction, accounting, and translation. D. operating, currency, and market. 1. Which of the following is another name for translation exposur A. accounting exposure. B. strategic exposure. C. economic exposure. D. competitive exposure. 2. exposure deals with cash flows that result from exis obligations. A. Transaction B. Operating C. Currency D. Translation E. Economic 3. The phase of the globalization process in racterized by impos exports to foreign buyers is called the A. domestic phase. B. multinational phase. C. international phase. D. import-export banking phase. 4. The balance on trade: A. Must be negative B. Must be positive C. Must be zero D. Could be negative, positive, or zerc 5. Which of the following is not one of the major groups payments? A. current account B. capital account C. financial account D. profit account 6. The three main types of foreign exchange risk are A. operating, transaction, and translaticn B. translation, accounting, and operating C. transaction, accounting, and translation. D. operating, currency, and market