_____________: Team Deteriorates

If an American firm has a subsidiary in the EU and the value of the euro depreciates rapidly against the value of the dollar over a year, you would see a reduction in the dollar value of the euro profit made by the European subsidiary. This would result in _____ translation exposure.

Fill in the blank(s) with the appropriate word(s).

Debit card transactions are considered electronic funds transfer

Indicate whether the statement is true or false