« previous next »

Author Question: Anita, an employee at ABX Partners, a hedge fund firm, has purchased euros because she believes that ... (Read 59 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Jul 7, 2018
Anita, an employee at ABX Partners, a hedge fund firm, has purchased euros because she believes that the euro will strengthen against other currencies. Which term best describes Anita's activities?
 
  A) arbitrage
  B) speculation
  C) spot transaction
  D) outright forward

Question 2

Which of the following best describes arbitrage?
 
  A) using foreign exchange to fund new foreign direct investments
  B) purchasing foreign currency in anticipation of long-term trends
  C) using foreign-exchange instruments to speculate for profit
  D) purchasing foreign currency on one market for immediate resale on another market
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Piercey-Normore and DePriest discovered that some lichens readily change partners. Piercey-Normore and DePriest discovered that some lichens readily change partners.
Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Rough Hedge-Nettle Rough Hedge-Nettle
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ... Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library