Robo-Advisors,3-D Printing,robotics,wearable Technology,and Other Innovations Will Influence Your Financial Decisions

question 39

Multiple Choice

Robo-advisors,3-D printing,robotics,wearable technology,and other innovations will influence your financial decisions in the following ways,except:

• A)how you earn
• B)how you spend
• C)how you invest
• D)how you travel
• E)how you save

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Definitions:

Forward Trade

A non-standardized contract between two parties to buy or sell an asset at a specified future date for a price that is agreed upon today.

Spot Exchange Rate

The current price for exchanging one currency for another for immediate delivery, reflecting the value of one currency in terms of another at a specific moment in time.

Forward Trade

A financial contract agreement to buy or sell assets at a specified future date and price, used primarily in commodity and currency markets.

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.