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11. Exposure to Exchange Rates McCanna Corp., a U.S. firm, has a French subsidiary that produces wine and exports to various European countries. All of
11. Exposure to Exchange Rates McCanna Corp., a U.S. firm, has a French subsidiary that produces wine and exports to various European countries. All of the countries where it sells its wine use the euro as their currency, which is the same currency used in France. Is McCanna Corp. exposed to exchange rate risk
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