The Possibility of Experiencing a Drop in Revenue or an Increase

question 56

Multiple Choice

The possibility of experiencing a drop in revenue or an increase in cost in an international transaction due to a change in foreign exchange rates is called

• A) foreign exchange risk.
• B) political risk.
• C) translation exposure.
• D) hedging risk.

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Definitions:

Gender-neutral Term

Language usage that avoids bias towards any gender, aiming for fairness in addressing or referring to people.

Workwoman

A female worker, especially one who is skilled in a particular craft or trade.

Advocacy Approach

A strategy undertaken by a lawyer or legal representative to actively support and argue for their client's case or cause.

Legal Document

A formal document that records a legally significant event, action, or decision.