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Hemaining Time 1 hour, 9 minutes. 16 seconds Question Completion Status: 19 2 21 8 27 10 29 11 30 12 31 13 32 14 33 15 34 16 35 17 36 18 37 22 23 24 25 25 28 20 39 38 Question 34 6 points Save Answ Giga enterprises is a UAE firm that exports its products to Malaysia, Historically Giga Invoiced its exported products in Malaysian Ringitt (Malaysian Currency) to satisfy its customers in Malaysia. However, Giga was adversely affected when the Malaysian Ringitt weakened against the UAE Dirham. Since Giga did not hedge, its Malaysian Ringitt receivables were converted into a relatively small amount of UAE Dirhams. Due to this Giga called its customers and requested that they pay for future orders with UAE Dirham instead of Malaysian Ringitt. Currently, the Malysian Ringitt was valued at AED 2.10. The customers agreed on this request, since from their perspective the number of Malaysian Ringit to be converted into UAE Dirham when importing the goods from Giga were still slightly smaller than the number of Malaysian Ringitt that would be needed to buy the product from domestic Malaysian manufacturer From the perspective of Giga enterprises, has the above mentioned change in invoicing policy resulted in any change in their transaction exposure and their economic exposure changed? Paragraph Arial 3 (12pt) ET i 50 MacBook Pro

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