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A multinational corporation with a foreign subsidiary may need to convert the subsidiarys financial statements into its own currency. The risk of gains and losses

A multinational corporation with a foreign subsidiary may need to convert the subsidiarys financial statements into its own currency. The risk of gains and losses associated with that periodic conversion is called

a. Control risk

b. Transaction risk

c. Inherent risk

d. Translation risk

In the case of exports if foreign currency is appreciated. The result is

a. Gain

b. Expense

c. Loss

d. Breakeven

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