Generally speaking,currency risk decreases as time prior to acquisition of a foreign firm decreases.

Question

Quizplus · Accepted Answer

Currency risk, which is the risk of fluctuations in exchange rates, can be minimized by reducing the time between the decision to acquire a foreign firm and the actual acquisition. This is because a shorter time frame allows less exposure to exchange rate fluctuations. As a result, the statement is true.

Generally Speaking,currency Risk Decreases as Time Prior to Acquisition of a Foreign