4. is a particular type of risk people face because of the nature of their business or pattern of consumption. (a)Operational efficiency exposure (b)Opportunity exposure (c)Risk exposure (d)Risk reduction Answer:(c) 5 are investors who take positions that increase their exposure to certain risks in the hope of increasing their wealth. (a)Operations insurers (b)Foreign exporters (c)Hedgers (d)Speculators Answer:(d) 6.The riskiness of an asset or a transaction be assessed in isolation or in the abstract. (a)can (b)cannot (c)must (d)it varies according to the situation Answer:(b) 7.By definition, are investors who take positions to reduce their exposures. (a)operations insurers (b)foreign exporters (c)hedgers (d)speculators Answer:(c) 10-210-2 4. ________ is a particular type of risk people face because of the nature of their business or pattern of consumption. (a) Operational efficiency exposure (b) Opportunity exposure (c) Risk exposure (d) Risk reduction Answer: (c) 5. ________ are investors who take positions that increase their exposure to certain risks in the hope of increasing their wealth. (a) Operations insurers (b) Foreign exporters (c) Hedgers (d) Speculators Answer: (d) 6. The riskiness of an asset or a transaction ________ be assessed in isolation or in the abstract. (a) can (b) cannot (c) must (d) it varies according to the situation Answer: (b) 7. By definition, ________ are investors who take positions to reduce their exposures. (a) operations insurers (b) foreign exporters (c) hedgers (d) speculators Answer: (c)