Question
Fish ink is a rollerblade manufacturing base in United States imports raw materials from Thailand and Japan and exports finished products to Thailand. Fish conduct
Fish ink is a rollerblade manufacturing base in United States imports raw materials from Thailand and Japan and exports finished products to Thailand. Fish conduct a consolidated net cash flow assessment and find that they have neg inflow in Thai Baht, And outflow in Japanese yen. Suppose it there has been a decrease correlation between Japanese Yen and the Thai Baht, fishes' transaction exposure will _______.
A. not change
B. decrease
C. increase
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International financial management
Authors: Jeff Madura
9th Edition
978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
