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Author Question: A foreign-exchange contract that is an agreement between two parties to buy or sell a particular ... (Read 61 times)

ETearle

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on: Jul 7, 2018
A foreign-exchange contract that is an agreement between two parties to buy or sell a particular currency at a particular price at a particular date in the future as specified in a standardized contract to all participants in the specified market is
 
  known as a(n) ________.
  A) spot contract
  B) forward contract
  C) futures contract
  D) equity currency contract

Question 2

Which of the following best explains the increase in trading activity in recent years?
 
  A) growing emphasis on hedge funds
  B) availability of more global currencies
  C) demands for immediate money access
  D) advances in communication technology

Question 3

The balance of payments accounting system is a double entry system.
 
  Indicate whether the statement is true or false
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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mjbamaung

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

Thank you

Answer to Question 3

TRUE


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