An Australian company exports to the U$.$K$.($paid in USD$)$ and to New Zealand $($paid in AUD$).$ It

has a subsidiary located in Singapore that both manufactures and sells totthat market $($paid in

SGD$).$ The company faces competition from multiple locations around the world. This company

faces:

No exposure

Transaction and translation exposure, but not economic exposure

Economic exposure only

Translation exposure only

Economic, translation and transaction exposure

Transaction exposure only