Foreign exchange risk refers to the risk of not getting paid for a product that is exported from one country to another.

Question

Quizplus · Accepted Answer

Foreign exchange risk refers to the risk of financial loss due to the fluctuation in exchange rates, which can affect the value of imported or exported goods, services, or financial assets. It does not specifically refer to the risk of not getting paid for exported products.

Foreign Exchange Risk Refers to the Risk of Not Getting