An Australian company is preparing to export beer into the lucrative German market in direct competition with the established local brewers.There is some concern within the company that it is exposed to foreign exchange risk.To which type of foreign exchange risk is the company initially exposed?
A) Transaction risk exposure
B) Sovereign risk exposure
C) Translation risk exposure
D) Economic risk exposure

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The Answer of An Australian company is preparing to export beer into the lucrative German market in direct competition with the established local brewers.There is some concern within the company that it is exposed to foreign exchange risk.To which type of foreign exchange risk is the company initially exposed?
A) Transaction risk exposure
B) Sovereign risk exposure
C) Translation risk exposure
D) Economic risk exposure

An Australian Company Is Preparing to Export Beer into the Lucrative