Question: Which statement is false? Currency translation risk occurs because a company has transactions denominated in a foreign currency. Currency translation risk occurs because the company
Which statement is false? Currency translation risk occurs because a company has transactions denominated in a foreign currency. Currency translation risk occurs because the company has net assets, etc. dominated in a foreign currency A company has transactions denominated in a foreign currency and the US dollar strengthens. If the company is exporting goods, a foss occurs A company has records kept in a foreign currency and has a net asset positionIf the US dollar weakens a gain occurs All of the above are true
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