Question: Question 1 2 ( 1 point ) A massive inflation across the entire economy of one of a firm's trading partners has benefited the firm
Question point
A massive inflation across the entire economy of one of a firm's trading partners has benefited the firm greatly by making its fixed amount of payables denominated in that country's currency much cheaper. This exemplifies exchange rate risk stemming from:
transaction exposure.
translation exposure.
economic exposure.
transition exposure.
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