Carla Learned That the T-Shirts Being Sold for $25 at a Soccer

question 27

Multiple Choice

Carla learned that the T-shirts being sold for $25 at a soccer match were made in a sweatshop by women making one dollar per day. She organized some friends to protest the T-shirt sales and the day became a protest against sweatshops. What other label could we give this protest?

• A) global awareness campaign
• B) global disruption
• C) globalization from above
• D) globalization from below

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Definitions:

Exercise Price

The price at which the holder of an option can buy (call) or sell (put) the underlying security or commodity.

Option Prices

The cost to purchase an option, which gives the holder the right, but not the obligation, to buy or sell an asset at a specified price before a particular date.

Asian Put Option

A type of put option where the payoff depends on the average price of the underlying asset over a certain period rather than its price at expiration.

Underlying Asset

An asset such as a stock, bond, commodity, or currency on which a derivative's price is based.