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Which of the following statements is true? (A): The sum of a MNC's translation exposure, operating exposure and transaction exposure is the MNC's economic exposure.
Which of the following statements is true?
(A): The sum of a MNC's translation exposure, operating exposure and transaction exposure is the MNC's economic exposure.
(B): If a two-party interest rate swap is established, we can definitely conclude that both parties will benefit from the swap.
(C): In an interest rate swap, the principals are exchanged between the two parties.
(D): More than one of these statements is true.
(E): None of the statements in this question are true.
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