Operating exposure measures

		the extent to which the foreign currency value of the firm's assets is affected by unanticipated changes in exchange rates.
		the effect of unanticipated changes in exchange rates on the dollar value of contractual obligations denominated in a foreign currency.
		the effect of changes in exchange rates will have on the consolidated financial reports of a MNC.
		the extent to which the firm's operating cash flows will be affected by unexpected changes in exchange rates.