Identify whether the following create substantial transaction, operating, and / or translation exposure (or not exposure at all) for U.S. company, and how the company will be affected if the foreign currency depreciates. the example will typically create more than one type of exposure.

example:

1)Widgets International purchases a British factory, financed by issuing dollar debt and swapping for pound-denominated debt. WI is expecting a steady stream of pound revenues from the factory. FASB 8 is in effect.

2)Same as above, only FASB 52 is in effect.