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Katrina is a German student who has just completed a one-month tour of Canada When she arrived in Canada the exchange rate was EUR 1
Katrina is a German student who has just completed a one-month tour of Canada When she arrived in Canada the exchange rate was EUR 1 = $.72. The exchange rate today, as she is preparing to return to Germany, is EUR 1 = $.74. Katrina _______ exposure aspects of currency exchange risks. A. Benefited from the short-run. B. Benefited from the translation. C. Suffered from the long-run. D. Suffered from the short-run. E. Suffered from the translation
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