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Q5. (a) What are the three types of Exchange Rate Exposures? Briefly discuss each in...

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Q5. (a) What are the three types of Exchange Rate Exposures? Briefly discuss each in your own clear words, citing examples whenever applicable. (6 marks) (b) You are given a scenario where the local currency appreciates. What happens to Local sales (with respect to foreign rivalry in local markets)? How about the interest received from investments made abroad? (2 marks)

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