QUESTION IMAGE
Question
exchange rate risk is:
select one:
a. risk from currency fluctuations
b. union risk
c. patent risk
d. tax risk only
Brief Explanations
Exchange rate risk refers to the potential loss or gain due to changes in the value of one currency relative to another. Option a directly describes this, while options b (union risk), c (patent risk), and d (tax risk only) are unrelated to currency fluctuations.
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a. Risk from currency fluctuations