Currency Speculation Refers to The

question 41

Multiple Choice

Currency speculation refers to the:

• A)conversion of one currency into another.
• B)technique of protecting against the potential losses that result from adverse changes in exchange rates.
• C)simultaneous and instantaneous purchase and sale of a currency for a profit.
• D)exchange rates that require immediate settlement with delivery of the traded currency.
• E)practice of buying and selling a currency with the expectation that the value will change and result in a profit.