Please assist with the given business problem.
Question: Texas Instruments (TI) manufactures integrated circuits and memory chips that it sells around the world. It has major markets in Europe. TI's primary competitors are Japanese companies.
Q1. What factors will influence TI's exposure to movements in the dollar value of European currencies?
Q2. Does TI's European business have yen exposure? Explain.
Q3. How can TI use financing to reduce its yen exposure, to the extent this exposure exists?