5.5) Assign the following types of exposures (economic, translation, transaction) to the different statements. A Is past orientated B Potentially affects purely domestic companies. C Is a highly political element in day-to-day treasury but has no real cash flow effect. D Is strongly influenced and regulated by international Accounting standards like IFRS and FAS. E Is present orientated F Is a structural problem and can only be managed with a combination of strategic, marketing and financial instruments. G Determines the future competitiveness of a company and has a large effect on a companys val-ue. H Can be eliminated by invoicing in home currency. I Is contract specific and affects exporters and importers when transactions are invoiced in foreign currency. J Is most intense for large international MNCs K Can be managed with currency derivatives very effectively L Includes not only losses of committed transactions but also opportunity costs from future transac-tions lost to competitors (competition effect)