The type of exchange rate risk known as translation exposure is best described as: the variance in relative pay rates based on the currency used to pay an employee. the problem encountered by an accountant of an international firm who is trying to record balance sheet account values. the risk that a positive net present value (NPV) project could turn into a negative NPV project because of changes in the exchange rate between two countries. the variance between the revenue of an exporter who uses forward rates and an equivalent exporter who does not use forward rates. O the fluctuation in prices faced by importers of foreign goods