Consider a U

Consider a U.S.-based MNC with manufacturing activities in Japan.The result of a change in the ¥-$ exchange rate on the assets and liabilities of the consolidated balance sheet is: Ignoring transaction exposure in the yen,the translation exposure will indicate a possible need for a "derivatives hedge" of

A) short position in ¥200,000,000 currency futures.
B) long position in ¥200,000,000 currency futures.
C) either a) or b)
D) none of the above