If Canadian Speculators Believed the Swiss Franc Was Going to Appreciate

question 13

Multiple Choice

If Canadian speculators believed the Swiss franc was going to appreciate against the U.S.dollar,they would:

• A) Purchase Canadian dollars
• B) Purchase U.S.dollars
• C) Purchase Swiss francs
• D) Sell Swiss francs

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Definitions:

Make-to-order

A manufacturing process in which products are created after a confirmed order is received, allowing for customization.

Primary Activities

Core functions or processes of a business that directly add value to a product or service, including production, marketing, sales, and service.

Production and Distribution

The processes involved in creating products or services and making them available to consumers, encompassing manufacturing, logistics, and sales channels.

RFID (Radio-Frequency Identification)

A technology that uses radio waves to identify and track objects, animals, or people automatically.