When Would an Exporter Commonly Use an NDF

question 354

Multiple Choice

When would an exporter commonly use an NDF?

• A) when receiving THB in 1 month
• B) when receiving HKD in 2 months
• C) when receiving PHP in 2 bank business days
• D) when receiving KRW in 3 months

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Definitions:

Type T

A personality type theory suggesting that individuals with a high tolerance for risk, and seeking novelty and excitement, tend to be thrill-seekers.

Neuroticism

A personality trait characterized by feelings of anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Die

To cease living; the end of life in organisms.

Association

In psychology, refers to a connection or link between two ideas, events, or psychological phenomena, suggesting a relationship where one may influence or evoke the other.