Question: a. Why do unexpected exchange rate changes contribute to operating exposure, but expected exchange rate changes do not? b. Explain the time horizons used to

a. Why do unexpected exchange rate changes contribute to operating exposure, but expected exchange rate changes do not?
b. Explain the time horizons used to analyze unexpected changes in exchange rates.

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a Expected changes in foreign exchange rates should be incorporated in all financial plans of an MNE ... View full answer

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