Answer:
a self-correcting process means that when the scientific method is being used, the results and answers will provide the new statements and questions that will be needed to be answered.
Answer:
Money acts as a medium of exchange as it acts as an intermediate in the exchange process and transactions. Buying and selling of commodities are done with the exchange of money
Explanation:
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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