As a country's economy advances, what happens to buyers? a. They ...

[nummyann]

As a country's economy advances, what happens to buyers?
 a. They are in a better position to buy and to demand more sophisticated products.
  b. Their income decreases because of the glut of products on the market.
  c. They become suspicious of a growing economy.
  d. They disappear because culture forbids extra purchases.

Question 2

If the purpose of buying currency contracts is to realize a net gain, then the purchaser is _____ and not _____.
 a. hedging.speculating
 b. speculating.hedging
 c. speculating.financi ng
 d. hedging.financing
 e. Purchasers do not get involved in managing currency fluctuation as this is solely a finance department activity.

[AngeliqueG]

Answer to Question 1

A

Answer to Question 2

b