A(n) ________ Is Used to Move Out of One Currency

question 34

Multiple Choice

A(n) ________ is used to move out of one currency and into another for a limited period without incurring foreign exchange risk.

• A) currency swap
• B) currency speculation
• C) carry trade
• D) spot exchange
• E) arbitrage

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Definitions:

Tongue

A muscular organ in the mouth that is instrumental in tasting, swallowing, and speaking.

Phantom Sensations

The perception of sensations, often pain, in a limb that has been amputated, suggesting that sensory processing related to the limb persists in the brain.

Cortex

The outer layer of the brain, involved in numerous high-level functions, including sensation, perception, memory, association, thought, and voluntary physical action.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood control, and the basic emotional drives.