​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:

Labor Unions

Organizations formed by workers to protect their rights and interests, negotiate with employers over wages, benefits, and working conditions.

National Industrial Recovery Act

A 1933 U.S. law aimed at boosting economic growth during the Great Depression through industrial codes of fair competition and workers' right to unionize.

U.S. Legislation

Laws and statutes enacted by the legislative branch of the United States government.

Unionize

The process by which workers form or join a union to collectively negotiate with their employer over wages, benefits, and working conditions.