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CTP · Question #897
CTP Question #897: Real Exam Question with Answer & Explanation
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
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