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    Exam 10: Financial Management and Accounting in the Global Firm
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    Gains and Losses Do Not Directly Affect Cash Flows in the Case
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Gains and Losses Do Not Directly Affect Cash Flows in the Case

Question 19

Question 19

True/False

Gains and losses do not directly affect cash flows in the case of translation exposure, but cash flows can be significantly affected by transaction exposure.

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