In your own words, explain the importance of diversification in the context of controlling operating exposure. Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2012). Fundamentals of multinational finance . (IV ed., pp. 309). New York: Pearson. .

1. In your own words, explain the importance of diversification in
the context of controlling operating exposure.
Your response should be at least 200 words in length. All
sources used, including the textbook, must be referenced;
paraphrased and quoted material must have accompanying
citations.
Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2012).
Fundamentals of multinational finance
. (IV ed., pp. 309). New York: Pearson.