The Export Company Just Made an Agreement with the Import

question 327

Multiple Choice

The Export Company just made an agreement with the Import Company to exchange dollars for yen based on the current official exchange rate. The exchange will settle tomorrow. This is an example
Of a:

• A) Forward trade.
• B) Forward exchange rate.
• C) Spot trade.
• D) Arbitrage trade.
• E) Cross trade.

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Definitions:

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