Translation exposure refers to
A) accounting exposure.
B) the effect that an unanticipated change in exchange rates will have on the consolidated financial reports of an MNC.
C) the change in the value of a foreign subsidiaries assets and liabilities denominated in a foreign currency, as a result of exchange rate change fluctuations, when viewed from the perspective of the parent firm.
D) all of the above
Correct Answer:
Verified
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A)Most
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