If the exporter and the importer agree that a transaction will be in the currency of the exporter's country,the exporter then bears all the risks of exchange rate fluctuation.

Question

Quizplus · Accepted Answer

The importer bears the risk of exchange rate fluctuation because they will have to convert their local currency into the exporter's currency, potentially at a less favorable rate in the future.

If the Exporter and the Importer Agree That a Transaction