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Seminar paper from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Groningen ("-"), course: Advanced International Financial Management, language: English, abstract: Various studies have shown that exchange rate exposure is empirically lower for US multinationals than theory predicts. We examine this discrepancy for the largest Eurozone companies from 1994 till 2010 where the introduction of the Euro could have led to significant exposure reduction. Furthermore, we examine the relationship between exchange rate exposure...