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For years, your family has operated a business that produces lawn mowers, Over the years, the industry has progressed and new mass production techniques have

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For years, your family has operated a business that produces lawn mowers, Over the years, the industry has progressed and new mass production techniques have been developed. However, your firm cannot afford this new technology, nor can you compete against those firms that can. Thus, the family has decided to close its facility at the end of the year. Which one of the following describes the risks to which your family's firm succumbed? Translation risk Forward risk: Volatity axposure Economic oxposure Transaction exposure

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