Present an argument for why translation exposure is, Finance Basics

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Present an argument for why translation exposure is

1 .(a) Present an argument for why translation exposure is relevant to an MNC.

(b) Present an argument for why translation exposure is not relevant to an MNC.

2 .Walt Disney Inc built the EuroDisney theme park in France that opened in 1992. How do you suppose this project affected its overall economic exposure to exchange rate movements? Why?

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