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NEW QUESTION: 1
A customer based in the UK exports automotive parts to the US. His main competitor is in France. What type of exposure to currency risk is posed by movements in EUR/USD?
A. Economic exposure
B. Translation exposure
C. None
D. Transaction exposure
Answer: A
NEW QUESTION: 2
A. Option D
B. Option C
C. Option B
D. Option A
Answer: C
NEW QUESTION: 3
A. Option B
B. Option D
C. Option C
D. Option A
Answer: D