Firms Engaged in International Transactions Incur ____ Risk Because of Fluctuations

question 12

Multiple Choice

Firms engaged in international transactions incur ____ risk because of fluctuations in the exchange rates among currencies.

• A) credit
• B) political
• C) market
• D) exchange rate

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Definitions:

Action

The process of doing something, typically to achieve an aim or to deal with a problem.

RICE

Abbreviation for rest, ice, compression, elevation, referring to the treatment for sprains and strains.

Compression

The act of pressing together or the state of being pressed together, often used in contexts like data compression, compression of materials, or medical compression to reduce swelling.

Elevation

A term often used in medical and healthcare settings indicating the raising of a body part, typically to reduce swelling and improve blood flow.