Business
Business, 07.08.2019 06:10, ayeeeee98

You are an american, working for a us hospital. the hospital sells services to a french hospital. given a depreciation of the euro, your french subsidiary (the one that receives the revenues from the french hospital) received a lesser income last year, although a clause in your contract stipulates adjustment payment in us dollars. therefore, your subsidiary has a balance sheet loss, although your consolidated global result is positive. this type of foreign exchange risk is known as:

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You are an american, working for a us hospital. the hospital sells services to a french hospital. gi...

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