When a Foreign Currency Is Worth More in the Forward

question 118

True/False

When a foreign currency is worth more in the forward market than in the spot market, it is said to be at a discount in the forward market.

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Definitions:

Positive Psychology

A branch of psychology that focuses on enhancing human strengths and wellbeing, rather than on disease and dysfunction.

Human Flourishing

A comprehensive well-being state characterized by physical, mental, and social health, contributing to a life of fulfillment and purpose.

Martin Seligman

A psychologist known for his work on the theory of learned helplessness and for his contributions to positive psychology.

Alcohol Use Disorder

A health issue where the individual can't abstain from or moderate their drinking, causing negative ramifications in their social life, work environment, or health.