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After too many drinks at a party, your friend awkwardly stumbles into a table, almost knocking it over. Your friend's coordination for simple actions, such as walking between two tables, is reduced because the alcohol has affected his:
Translation Exposure
The potential for a company's financial statements to be affected by changes in exchange rates when foreign operations are translated into the parent company's currency.
Exchange Rates
The value of one currency for the purpose of conversion to another.
Purchasing Power
The buying power of a currency, measured by how many goods or services can be acquired with a single unit of that currency.
Imports And Exports
The act of bringing goods and services into one country from another (imports) and sending goods or services from one country to another (exports).
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