A Given Exchange Rate Will Be More or Less the Same

question 14

Multiple Choice

A given exchange rate will be more or less the same in all of the world's financial Markets because of

• A) hedging.
• B) interest arbitrage.
• C) speculation.
• D) currency arbitrage.

---

Definitions:

Human Dignity

The inherent worth of all individuals, which entitles them to be treated with respect and fairness.

Corporate Culture

The shared values, beliefs, attitudes, and practices that characterize an organization and guide its employees’ behavior.

Cultural Relativism

The belief that there is no one right way to behave; ethical behaviour is determined by its cultural context.

Ethical Standards

Principles that govern the conduct of individuals and organizations, ensuring actions are morally right and in accordance with accepted social norms.