A Customer Based in the UK Exports Automotive Parts to the US

question 111

Multiple Choice

A customer based in the UK exports automotive parts to the US. His main competitor is in France? What type of exposure to currency risk is posed by movements in EUR/USD?

• A) Transaction exposure
• B) Translation exposure
• C) Economic exposure
• D) None

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Definitions:

Skill Variety

Describes the degree to which a job requires a variety of different activities in carrying out the work, involving the use of different skills and talents.

Physical Strength

The measure of an individual's exertion capacity in terms of muscle performance and endurance.

Job Significance

The perceived importance of a job's impact on the company or society by the job holder.

Labour Standards

Established benchmarks or criteria for measuring the productivity, efficiency, and performance of labor within an organization or industry.