Is aggies transaction exposure likely to be affected

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Transaction exposure. Aggie plc (UK) produces chemicals. It is a major exporter to the United States, where its main competition is from other European exporters. All of these companies invoice the products in US dollars. Is Aggie's transaction exposure likely to be significantly affected if the euro strengthens or weakens? Explain. If the euro weakens for several years, can you think of any change that might occur in the global chemicals market?

Reference no: EM13936018

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