Vermont Co. has one foreign subsidiary. Its translation exposure is directly affected by each of the following, except:

Name: Vermont Co. has one foreign subsidiary. Its translation exposure is directly affected by each of the following, except:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Translation exposure is not directly affected by the interest rate in the country of the subsidiary. It is influenced by the proportion of business conducted by the subsidiary, the accounting method, and exchange rate movements.