Textbook Problem

Comparing Degrees of Translation Exposure Nelson Co. is a U.S. firm with annual export sales to singapore of about $\80 million. Its main competitor is Mez Co., also based in the United States, with a subsidiary in singapore that generates about SS800 million in annual sales. Any earnings generated by Mez’s subsidiary are reinvested to support its operations. Based on the information provided, which firm is subject to a higher degree of translation expoIsure? Explain.