Managing economic exposure is generally more complicated than managing transaction exposure. Explain what is economic exposure and give 1 (ONE) example of the economic exposure facing by the MNC. (5 Marks). If the direct quote for the euro is AUD1.35=EUR1, then the indirect quote for the euro is:
a. EUR0.74 = AUD1.
b. EUR0.51 = AUD1.
c. EUR0.65 = AUD1.
d. EUR0.68 = AUD1.
