Question: Exchange rate risk A . has been reduced by the adoption of floating exchange rates. B . arises from the fact that the spot exchange

Exchange rate risk
A.
has been reduced by the adoption of floating exchange rates.
B.
arises from the fact that the spot exchange rate on a future date is a random variable.
C.
has been phased out due to recent international legislation.
D.
applies only to certain types of international businesses.

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