Those Who Simultaneously Buy and Sell Currency to Take Advantage

question 133

Multiple Choice

Those who simultaneously buy and sell currency to take advantage of exchange rate differences are called

• A)speculators
• B)hedgers
• C)entrepreneurs
• D)arbitrageurs
• E)underwriters

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Definitions:

Ngo Dinh Diem

A South Vietnamese politician who served as the President of South Vietnam from 1955 until his assassination in 1963.

Virtual Dictatorship

A form of government in which power is effectively concentrated in the hands of an individual or a small group, without the formal title of dictator, often lacking checks and balances or democratic processes.

Strictly Constitutional

Adhering rigidly to the Constitution, often implying a conservative or literal interpretation of this foundational document.

Self-Immolation

The act of setting oneself on fire as a form of protest or sacrifice, often associated with political or religious motives.