A ________ Is a Contract for a Standard Amount on a Standard

question 73

Multiple Choice

A ________ is a contract for a standard amount on a standard delivery date.

• A) forward contract
• B) currency future
• C) currency option
• D) call option

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Definitions:

Tariff

A tax imposed on imported or, less commonly, exported goods, used to regulate trade and protect domestic industries.

Import Quota

A government-imposed limit on the quantity of a certain good that can be imported into the country over a specified period.

Tax On Imports

A financial charge imposed by a government on goods imported into a country to regulate trade and raise revenue.

Export Restriction

Export restriction is a policy imposed by governments to limit or control the export of certain goods, services, or technology, often for political, economic, or environmental reasons.