Multiple Choice
U.S.-based Majestic Co. sells products to U.S. consumers and purchases all of its materials from U.S. suppliers. Its main competitor is located in Belgium. Majestic Co. is subject to:
A) economic exposure.
B) translation exposure.
C) transaction exposure.
D) no exposure to exchange rate fluctuations.
Answer Key
Correct Answer:
Verified
Correct Answer:
Verified
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