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Transaction exposure reflects: a. the exposure of a firm's international transactions to exchange rate fluctuations. b, the exposure of a firm's local currency value to
Transaction exposure reflects:
a. the exposure of a firm's international transactions to exchange rate fluctuations.
b, the exposure of a firm's local currency value to transactions between foreign exchange traders.
c. the exposure of a firm's financial statements to exchange rate fluctuations.
d. the exposure of a firm's cash flows to exchange rate fluctuations.
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