AFP
CTP · Question #897
(Topic 9) A U.S. exporter has agreed to export goods to a Canadian buyer with net 30 payment terms due in Canadian dollars. What type of risk is the exporter exposed to?
The correct answer is C. Transaction exposure. See the full explanation below for the reasoning.
Question
- (Topic 9)
A U.S. exporter has agreed to export goods to a Canadian buyer with net 30 payment terms due in Canadian dollars. What type of risk is the exporter exposed to?
Options
- AEconomic exposure
- BCommodity exposure
- CTransaction exposure
- DTranslation exposure
How the community answered
(33 responses)- A9% (3)
- B3% (1)
- C85% (28)
- D3% (1)
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