Transaction exposure deals with cash flows that result from existing contractual obligations.
The degree of uncertainty that businesses engaged in international trade must deal with is known as transaction exposure. It is also known as translation exposure or translation risk .
It is specifically the risk that exchange rates will change after a company has already committed to a financial obligation. These foreign enterprises are extremely vulnerable to changing exchange rates, which can result in significant capital losses.
Transaction exposure often carries only one side of the risk. The only company that might experience this vulnerability is one that completes a transaction in a foreign currency.
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The answer is New Orleans
(Just took the quiz)
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Federalism refers to the system of government in which power is divided between a central authority and constituent political units. In federalism a nation has a dual government system i.e. federal government at central level and at state level. The federal government has the power to enlarge diplomatic territorial integrity, run a national project, make national monetary policy and so on. The state government has the power to make federal laws, maintain law and order in the state
Nepal is a country with geographical diversity. Nepal has been practicing unitary form of government since unification by, Prithvi Narayan Shah. However, this system was not able to achieve the development goals of the country and has been an "exclusive form of rule." Federalism is seen as an in inclusive practice for Nepal. So, with the view of proportional development in all the parts of the country by appropriate distribution and mobilization of resources and reducing the economic, social and religious discrimination, the country has transformed into a federal structure.
Nepal has become a federal democratic republican state since 15th Jestha, 2065 BS. According to the concept of a federal system, Nepal has been divided into 7 provinces, 77 districts and 753 local levels. Now each province has a separate government along with its federal government at the centre.
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Not mine....but hope it helps!
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also has strong bilateral relations with major providers of economic and military aid, such as France, Germany, Japan, Malaysia, South Korea, Switzerland, the United States, and particularly the United Kingdom, with whom military ties date to the nineteenth century.
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Its kinda celebrated in some parts of mexico, but its not an official holiday neither.
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