Question: Question 1 1 pts Evaluate whether the following is true or false: The minimum level of exposure to international business/finance (basically, to currency risk) is
Question 1 1 pts Evaluate whether the following is true or false: The minimum level of exposure to international business/finance (basically, to currency risk) is international trade. Firms that have no international operations (buy domestically, sell domestically), have no exposure to international business/finance. Example of having no international operations: a US cell phone manufacturer that hires only local labor, uses only local supplies, and sells everything locally. That firm doesn't have to worry about currency movements. O True False
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