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.
Correct Answer:
Verified
Correct Answer:
Verified
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