A firm in the International Trade Phase of Globalization a. makes all foreign payments in foreign...
A firm in the International Trade Phase of Globalization
a. makes all foreign payments in foreign currency units and all foreign receipts in domestic currency units.
b. bears credit risk
c. has no foreign exchange risk
d. none of the above
Homework Answers
Here the answer is:
Any internationally trading firm has to bear or bears the foreign exchange risk.
so the answer is: d) none of the above
Add Answer to:
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