The possibility of experiencing a drop in revenue or an increase in cost in an international transaction due to a change in foreign exchange rates is called

Question

Quizplus · Accepted Answer

Foreign exchange risk refers to the potential financial loss that can occur from fluctuations in currency exchange rates during an international transaction. It is the possibility of experiencing a drop in revenue or an increase in cost due to a change in foreign exchange rates.

The Possibility of Experiencing a Drop in Revenue or an Increase