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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This was the largest event in the city's history and it helped establish Atlanta as the business and sports capital of the Southeast. Atlanta spent millions of dollars in preparation for the Games, including building new sports venues, improving streets and sidewalks, and altering housing patterns.
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President truman stated that the world was facing aserious threat of communism (socialism) which was eating up the most European countries.
It should be noted that socialism began in USSR( Russia) as a means of making properties and private owned properties to be owned by the community inorder to reduce the wide gap between the rich and the poor.