Which of the Following Firms Is Not Exposed to Translation

question 52

Multiple Choice

Which of the following firms is not exposed to translation exposure?

• A)Firm X, with a fully owned subsidiary that periodically remits earnings generated in Great Britain to the U.S.-based parent.
• B)Firm Y, with a fully owned subsidiary that periodically generates foreign losses in Sweden. The parent covers at least some of these losses.
• C)Firm Z, with a fully owned subsidiary that generates substantial earnings in Germany. The subsidiary never remits earnings but reinvests them in Germany.
• D)All of the above firms are exposed to translation exposure.

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