Deciding which exchange rate should be used in the presentation ...

[jhjkgdfhk]

Deciding which exchange rate should be used in the presentation of financial statements
 A) is a rather straight forward decision.
  B) is called exchange rate risk.
  C) is called market-based exposure.
  D) is called balance sheet exposure.

Question 2

A flexible exchange rate regime
 A) does not describe the regime follow by the European Central Banks.
  B) keeps the exchange rate fixed but lets the price of gold fluctuate
  C) allows a currency to float
  D) none of these choices.

[ambernicolefink]

Answer to Question 1

D

Answer to Question 2

C