_____ risk is the uncertainty associated with the price at which the currency from one country can be converted into the currency of another country.
A)Pure play
B)Political
C)Money
D)Exchange rate
E)International

Question

_____ risk is the uncertainty associated with the price at which the currency from one country can be converted into the currency of another country. 
A)Pure play
B)Political
C)Money
D)Exchange rate
E)International

Quizplus · Accepted Answer

The uncertainty associated with the price at which the currency from one country can be converted into the currency of another country is known as exchange rate risk. It is the risk of experiencing losses due to the fluctuation in the exchange rate between two currencies.

_____ Risk Is the Uncertainty Associated with the Price at Which