FOREIGN CURRENCY RISK Q1. Jack is a UK based car exporter who exports luxury cars and has a competitor in Germany; he has recently seen a change in foreign currency that pound (£) of UK has strengthened against euro (€) of Germany. What is the type of risk does Jack face in his business? (MCQ)Credit RiskTranslation Risk Economic Risk Transaction Risk(2 marks) Q2. Yarn Co […]
With a rapid development of online businesses, cryptocurrencies are gaining immense popularity among people involved in online shopping and other money transactions. Being a relatively easy, secure, and quick way to pay for purchases, more and more people try to understand how to use this payment method properly. Some of us are still a bit scared or uncertain and doubt whether it’s necessary to exchange […]
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