Briefly Explain the Term Transaction Exposure

question 61

Essay

Briefly explain the term transaction exposure.

---

Definitions:

Intermediate Product

Goods that are used in the production process to make other goods, rather than being bought by consumers.

National Income Accountants

Specialists who compile national accounts, a system of accounts that provides detailed information on the economic activities and output of a nation, such as GDP, national income, and expenditure.

Material Well-being

A measure of the quantity and quality of goods and services available to an individual or society.

Net Investment

Gross investment minus depreciation.