The export revenue variance (VAREX) ratio tends to have high systematic risk elements in a country risk analysis (CRA).

Question

Quizplus · Accepted Answer

The export revenue variance (VAREX) ratio is a measure of the sensitivity of a country's export revenue to changes in its level of exports. As exports are subject to various external factors such as global demand, exchange rates, trade policies, etc., the VAREX ratio tends to have high systematic risk elements in a country risk analysis (CRA). Therefore, option A is correct.

The Export Revenue Variance (VAREX) Ratio Tends to Have High