Author Question: In today's world, many countries impose tariffs A) only on imports. B) only on exports. C) on ... (Read 119 times)

Kikoku · **on:** Jun 30, 2018

In today's world, many countries impose tariffs

A) only on imports.
B) only on exports.
C) on both imports and exports.
D) on imports, exports, and nontraded goods.

Question 2

Speculation is the opposite of hedging.

Indicate whether the statement is true or false

Missbam101 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

TRUE
Explanation: While a speculator accepts a foreign exchange risk in the hope of making a profit, a hedger tries to avoid a foreign exchange risk through hedging.