The Short-Run Exposure to Exchange Rate Risk Arises from The

The short-run exposure to exchange rate risk arises from the:

A) Fluctuations in the exchange rates which occur on a daily basis.
B) Unanticipated changes in the relative economic conditions of the relevant countries.
C) Translation of accounting profits from a foreign subsidiary.
D) Conversion of asset values from a foreign subsidiary into the parent company's currency.
E) Changes in the relative wage rates of a firm's foreign and domestic employees.