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Which of the following does not give rise to a transaction exposure? o borrowing funds from international markets in a foreign currency o the devaluation

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Which of the following does not give rise to a transaction exposure? o borrowing funds from international markets in a foreign currency o the devaluation of inventories in historical exchange rate terms 2 O all answers provided are different forms of a transaction exposure O selling forward a large amount of foreign currency o the purchase or sale of a good on credit stated in a foreign currency

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