Question
An australian firm AA1 is producing goods and selling them to australian customers. AA1 obtains all inputs from other Australian firms and faces no competition
An australian firm "AA1" is producing goods and selling them to australian customers. AA1 obtains all inputs from other Australian firms and faces no competition from other Australian firms. AA1 does have a major competitor, one which is owned and operated in New Zealand. "BB2" is an australian firm which has pre-ordered inputs from Japan to produce and supply products to australian customer. AA1 has _______ exposure and BB2 has ________ exposure.
a. transaction; translation
b. translation; transaction
c. economic; translation
d. economic; translation
e. none of the other options are correct
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