Which of the following is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months?

Question

Quizplus · Accepted Answer

Foreign exchange risk is usually divided into three main categories: transaction exposure, translation exposure, and economic exposure. Transaction exposure is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months.

Which of the Following Is Concerned with the Effect of Exchange