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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Answer:
They expanded their empire by trade.
Explanation:
True because of supply and demand. If the demand is higher than the supply, or people cannot afford the supply, the demand must decrease in value so that people can facilitate the supply and keep it going.
Ancient Mesopotamia society members held jobs such as slaves, priests, farmers, weavers, tradesmen, pottery, and herdsman. Your character could interact with a member of society with any one of these occupations (even with the King of Mesopotamian society) depending on their societal status. Keep in mind that priests were of the upper class and slaves were of the lower class. Also note that there was no rigid structure to societal class so at anytime a person's societal status could potentially change.
Keep in mind that two major cultural groups existed during this time period in this area. This includes the Sumerians (responsible for temples and palaces, city states, and first writings) and the Akkadians (established the first Mesopotamian empire). These two groups existed together peacefully for the most part. Your character could belong to one of these cultural groups.
