​A ____ Involves an Exchange of Currencies Between Two Parties

question 72

Multiple Choice

​A ____ involves an exchange of currencies between two parties, with a promise to re-exchange currencies at a specified exchange rate and future date.

• A) ​long-term forward contract
• B) ​currency option contract
• C) ​parallel loan
• D) ​money market hedge

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Definitions:

Sustainable, Long-Term Growth

Economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Worthy Cause

A socially beneficial project or charity that people consider deserving of support, attention, or donation.

Marketing Efforts

Activities and strategies employed by companies to promote and sell their products or services.

Pollution Prevention Pays

An environmental strategy emphasizing the reduction or elimination of waste at the source rather than treating and disposing of waste after it is created.