Which one of the following statements is TRUE?

Select one:

O a$.$ None of the statements are true

Ob$.$ A positive net exposure position in FXimplies an Fl has less foreign currencyassets than foreign currency liabilities

c$.$ An Fl can eliminate its currency riskexposure by matching its foreign currencyassets to its foreign currency liabilities.Direct quote shows the amount of homecurrency received for one unit of theforeign currency exchanged.

Oe$.$ The reason an Fl receives a fee whenpurchasing foreign currencies that allowcustomers to complete internationatransactions is because the Fl assumessome FX risk.