When a company is engaged in an international transaction and agrees to use a foreign currency to conduct the transaction
A) it will use an SDR.
B) it is exposed to a certain amount of risk.
C) it will use the services of the Ex-Im Bank.
D) All of the above
E) None of the above.

Question

Quizplus · Accepted Answer

A company is exposed to a certain amount of risk,due to possible fluctuations in the currency exchange rates,in an international transaction when it agrees to use a foreign currency.

When a Company Is Engaged in an International Transaction and Agrees