Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Net exposure refers to the degree to which a bank is net long (negative) or net short (positive) in a given currency.
B) Gross exposure refers to the degree to which a bank is net long (negative) or net short (positive) in a given currency.
C) Net exposure refers to the degree to which a bank is net long (positive) or net short (negative) in a given currency.
D) Gross exposure refers to the degree to which a bank is net long (positive) or net short (negative) in a given currency.