The Currencies of Countries Suffering from Balance of Payment Trade

question 97

Multiple Choice

The currencies of countries suffering from balance of payment trade deficits or high inflation rates are more likely to sell at a ________.

• A) spot discount
• B) spot premium
• C) forward discount
• D) forward premium

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Definitions:

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Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, known for its rich history, diverse cultures, and significant impact on global affairs.

United States

A country composed of 50 states, a federal district, five major self-governing territories, and various possessions, known for its large size and diverse population.

Socialism

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