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Q5. (a) What are the three types of Exchange Rate Exposures? Briefly discuss each in your own clear words, citing examples whenever applicable. (6 marks)
Q5. (a) What are the three types of Exchange Rate Exposures? Briefly discuss each in your own clear words, citing examples whenever applicable. (6 marks) (b) You are given a scenario where the local currency appreciates. What happens to Local sales (with respect to foreign rivalry in local markets)? How about the interest received from investments made abroad? (2 marks)
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