Buying a Currency in a Currency Futures Contract and Profiting

question 55

Multiple Choice

Buying a currency in a currency futures contract and profiting on an increase in the value of the currency over time is called _____.

• A) hedging
• B) syndicating
• C) a short position
• D) a long position
• E) marked-to-market

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Definitions:

Genetics

The study of heredity and the variation of inherited characteristics.

Territories

Designated geographic areas that are defended by animals or humans from others of the same species, often for the purpose of protecting resources, mating opportunities, or living space.

Perfect Pitch

The rare ability to identify or recreate a musical note without the need for an external reference.

Probable Origin

Refers to the most likely source or starting point of something, often used in discussions of disease emergence or the evolutionary beginnings of species.