The Purpose of a Forward Agreement Is

question 66

Multiple Choice

The purpose of a forward agreement is

• A)to reduce the uncertainty of future exchange rates.
• B)to reduce the possibility of being worse off.
• C)give up an opportunity of one party to gain over another.
• D)All of the above are correct.

---

Definitions:

Immigration

is the action of coming to live permanently in a foreign country.

Country

A nation with its own government, occupying a particular territory.

Crude Death Rate

A measure of the number of deaths in a given population during a specified period, typically expressed per thousand individuals per year.

Deaths

refers to the cessation of all biological functions that sustain living organisms, marking the end of life.