The Most Important (In Terms of Dollar Value) Type of Foreign

question 48

Multiple Choice

The most important (in terms of dollar value) type of foreign exchange transaction by U.S.banks is the:

• A) Spot transaction
• B) Forward transaction
• C) Swap transaction
• D) Option transaction

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Definitions:

Customers Served

The number of customers who receive services or goods from a business or organization.

Marginal Product

The additional output produced as a result of adding one more unit of a specific input, holding all other inputs constant.

Average Product

The output per unit of a particular input, such as the quantity of goods produced per worker.

Workers

Individuals employed to perform tasks or services in exchange for compensation.