Many Complex International Negotiations Devote a Great Deal of Time

question 23

Multiple Choice

Many complex international negotiations devote a great deal of time to the question of just who will be recognized and who can speak for others. The issue about participants can be decided by asking which of the following questions?

• A) Whose presence is likely to keep other parties from achieving their objectives?
• B) Whose presence is likely to help other parties achieve their objectives?
• C) Who could spoil the deal if they were excluded?
• D) All of the answers (less answer E) are correct
• E) None of the answers are correct

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Definitions:

Open Interest

The total number of outstanding derivative contracts, such as futures or options, that have not been settled.

Spread Position

In trading, holding a combination of options positions that offset each other, to capitalize on movements in market prices or volatility.

Maturity

The date on which a financial obligation must be repaid or the final due date on which a bond or other debt instrument comes due and the principal must be paid back.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for hedging or speculating on the future price of financial instruments.