Although MNCs may need to convert currencies occasionally, they do not face any exchange rate risk, as exchange rates are stable over time.

Name: Although MNCs may need to convert currencies occasionally, they do not face any exchange rate risk, as exchange rates are stable over time.
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Question

Quizplus · Accepted Answer

MNCs do face exchange rate risk as exchange rates are volatile and can fluctuate over time, leading to potential losses or gains in foreign currency transactions.

Although MNCs May Need to Convert Currencies Occasionally, They Do