_____ A domestic importer whose transactions are in foreign currency has risk exposure that the

Name: _____ A domestic importer whose transactions are in foreign currency has risk exposure that the
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The correct answer is A because a domestic importer whose transactions are in foreign currency has risk exposure that the foreign currency will strengthen. This is because if the foreign currency strengthens, the importer will have to pay more U.S. dollars to purchase the same amount of foreign currency.

_____ a Domestic Importer Whose Transactions Are in Foreign Currency