Author Question: ________ is traded freely in the foreign exchange market, with its price determined by the forces of ... (Read 104 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
________ is traded freely in the foreign exchange market, with its price determined by the forces of demand and supply.
 
  A) Representative money
  B) Private currency
  C) Hard currency
  D) Fiat money

Question 2

To insure against potential losses that result from adverse changes in exchange rates, Trader's Paradise should use currency ________.
 
  A) swap
  B) speculation
  C) hedging
  D) arbitrage



chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

This forum is amazing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library