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All of the following are true regarding economic exposure, except: Even purely domestic firms can be affected by economic exposure. OIn general, depreciation of the
All of the following are true regarding economic exposure, except: Even purely domestic firms can be affected by economic exposure. OIn general, depreciation of the firm's local currency causes a decrease in both cash inflows and outflows. O The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected O The degree of economic exposure will likely be much greater for a firm involved in international business than for a purely domestic firm. none of the options listed
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