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​Which of the following is not a determinant of translation exposure. ​The locations of foreign subsidiaries...

​Which of the following is not a determinant of translation exposure.

​The locations of foreign subsidiaries

none of the options listed

​The local (domestic) earnings of the MNC

​The MNC's degree of foreign involvement

​The accounting methods used

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Answer #1

Determinants of Translation Exposure are

The proportion of business conducted by foreign subsidiaries.

The Location of Foreign subsidiaries

The Accounting methods used.

Where as The Local(domestic) earnings of the MNC is not a determinant of translation Exposure.

So, Option '3' is correct

The Local(domestic) earnings of the MNC

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