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12 Which of the following does not give rise to a transaction exposure? borrowing funds from international markets in a foreign currency the purchase or
12
Which of the following does not give rise to a transaction exposure?
borrowing funds from international markets in a foreign currency
the purchase or sale of a good on credit stated in a foreign currency
all answers provided are different forms of a transaction exposure
the devaluation of inventories in historical exchange rate terms
selling forward a large amount of foreign currency
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