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.Management Sciences
A. attempt to profit by trading on expectations about future currency prices
B. bear risk as they attempt to ____ beat the market||
C. attempt to buy currency at a low price and later resell that currency at a higher price
D. Simultaneously buy a currency at a low price and sell that currency at a higher price, making a riskless profit
Related Mcqs:
- The least common type of transaction in the foreign exchange is a ?
- A. forward transaction B. spot transaction C. swap transaction D. None of the above...
- The difference between bid (buying) rates and ask (selling) rates is called the ?
- A. profit B. arbitrage C. spread D. forward transaction...
- Investor engage in _____ when they move funds into foreign currencies in order to take advantage to interest rates abroad that are higher than domestic interest rates ?
- A. currency arbitrage B. interest arbitrage C. short positions D. long positions...
- A fiscal expansion in the UK ?
- A. has no predictable effect on the price of the pound sterling? B. does not affect the price of the pound sterling C. tends to appreciate the pound sterling D. tends to depreciate the pound sterling...
- The rise in value of one currency relative to another is ?
- A. a weakening of a currency B. A depreciation of a currency C. An appreciation of a currency D. a debasement of a currency...
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