________ is the currency risk that firms face when outstanding ...

[mp14]

________ is the currency risk that firms face when outstanding accounts receivable or payable are denominated in foreign currencies.
 
  A) Translation exposure
  B) Transaction exposure
  C) Spot exchange rate
  D) Multilateral netting

Question 2

Discuss the impact of the Internet on various cultures. How do cultural differences complicate international management in regard to the use of technology? Provide specific examples in your answer.
 
  What will be an ideal response?

[LVPMS]

Answer to Question 1

B

Answer to Question 2

You are a life saver.