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Katrina Is a German Student Who Has Just Completed a One-Month

Question 294

Multiple Choice

Katrina is a German student who has just completed a one-month tour of Canada When she arrived in Canada the exchange rate was EUR 1 = $.72. The exchange rate today, as she is preparing to
Return to Germany, is EUR 1 = $.74. Katrina _______ exposure aspects of currency exchange risks.


A) Benefited from the short-run.
B) Benefited from the translation.
C) Suffered from the long-run.
D) Suffered from the short-run.
E) Suffered from the translation.

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