The Exchange Rate Quoted for Future Delivery of Foreign Currency

question 15

Multiple Choice

The exchange rate quoted for future delivery of foreign currency is the definition of a(n) :

• A) direct exchange rate.
• B) indirect exchange rate.
• C) spot rate.
• D) forward exchange rate.

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Definitions:

Social Constructionist

A perspective holding that many aspects of our lived experience, including our knowledge, are created through interactions within society.

Realities

The state of things as they actually exist, as opposed to an idealistic or notional idea of them.

Language

A system of communication used by a particular community or country, consisting of written or spoken words, gestures, or signs.

Egalitarian Relationship

A relationship where all participants are treated as equals and have equal rights and opportunities.