International Finance

QUESTION 7 15 points Save Answer In 2021, BHP, a multinational enterprise, reported reserves of $2,350m, up from $$2,306m. This increase in reserves included $5m from exchange fluctuations on translation of foreign operations. Explain, in detail (in no more than 150 words) and based upon the material covered in this subject on International Finance, in your own words, what these amounts mean, how these amounts would have arisen, and how eventually they will pass through the BHP income statement. In providing your explanation you are required to include explanations of: . The types of foreign currency exposure faced by multinational enterprises How multinational enterprises manage their foreign currency exposure How multinationals manage their translation, transaction and operational exposures For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). *** Q Ix v BIUS V Paragraph Open Sans,sa... 10pt A 7 $1 QUESTION 7 15 points Save Answer In 2021, BHP, a multinational enterprise, reported reserves of $2,350m, up from $$2,306m. This increase in reserves included $5m from exchange fluctuations on translation of foreign operations. Explain, in detail (in no more than 150 words) and based upon the material covered in this subject on International Finance, in your own words, what these amounts mean, how these amounts would have arisen, and how eventually they will pass through the BHP income statement. In providing your explanation you are required to include explanations of: . The types of foreign currency exposure faced by multinational enterprises How multinational enterprises manage their foreign currency exposure How multinationals manage their translation, transaction and operational exposures For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). *** Q Ix v BIUS V Paragraph Open Sans,sa... 10pt A 7 $1