Following is an excerpt from the WSJ. Still, the global economy is weighing on some firms' hiring decisions. Terex Corp., a Westport, Conn., maker of construction equipment, laid off about 500 employees from its aerial-work-platforms division in recent months in response to disappointing profits. The firm, which has multiple facilities and customers in Brazil, cited the U.S. dollar strengthening against the Brazilian currency as a challenge. We decided to release the temporary workers," Terex division President Matt Fearon told investors last week, and to settle into a capacity position that matches the actual demand that we expect to see for the balance of the year. Which currency exposure is the concern for Terex Corp.? Operating exposure Transaction exposure Translation exposure Balance sheet exposure