________ Exposure Is Far More Important for the Long-Run Health

question 18

Multiple Choice

________ exposure is far more important for the long-run health of a business than changes caused by ________ or ________ exposure.

• A) Operating; translation; transaction
• B) Transaction; operating; translation
• C) Accounting; translation; transaction
• D) Translation; operating; transaction

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Definitions:

Natural Resources

Materials or substances that occur in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.

Liability of Foreignness

The challenges and costs associated with operating in a market outside of a company's home country, including cultural differences and unfamiliar regulatory environments.

Import Tariffs

Taxes imposed by a government on goods and services imported into a country, used to control trade and protect domestic industries.

Global Demand

The total demand for a product or service across all countries and regions around the world.