The Three Main Types of Foreign Exchange Risk Are

question 1

Multiple Choice

The three main types of foreign exchange risk are

• A) operating, transaction, and translation.
• B) translation, accounting, and operating.
• C) transaction, accounting, and translation.
• D) operating, currency, and market.

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Definitions:

Spring

A season of the year following winter and preceding summer, characterized by rising temperatures and the budding of plants.

Contract Rescinded

The act of legally canceling a contract, returning all parties to their positions prior to the agreement.

Innocently Mistaken

A situation where a person is wrongly believed or judged without intentional fault.

Used Truck

A vehicle that has been previously owned and operated, and is available for purchase in the secondary market.