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Diz Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Swiss francs. These two currencies are highly correlated in their movements against the dollar. Yanta Co. is a U.S.-based MNC that has the same level of net cash flows in these currencies as Diz Co. except that its euros represent net cash outflows. Which firm has a higher exposure to exchange rate risk?
State
An organized political community under one government, recognized as sovereign or independent.
Inequality
A situation where resources, opportunities, and rights are distributed unevenly amongst individuals or groups in a society.
Regulate Inequality
Efforts or policies aimed at managing or reducing the disparities in wealth, resources, or opportunities among members of a society.
Abolish Inequalities
Efforts aimed at eliminating disparities in wealth, status, and power among different groups in society.
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