If a foreign exchange transaction calls for payment in the importer's currency, the exporter has the foreign exchange risk.

Name: If a foreign exchange transaction calls for payment in the importer's currency, the exporter has the foreign exchange risk.
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Question

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The exporter bears the risk of currency fluctuations because they will receive payment in a foreign currency, which may change in value relative to their home currency before the transaction is completed.

If a Foreign Exchange Transaction Calls for Payment in the Importer's