Which of the Following Is NOT True

question 11

Multiple Choice

Which of the following is NOT true

• A) Futures contracts nearly always last longer than forward contracts
• B) Futures contracts are standardized; forward contracts are not.
• C) Delivery or final cash settlement usually takes place with forward contracts; the same is not true of futures contracts.
• D) Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates.

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Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories, allowing for greater variety of consumption and efficiencies in production.

Productive

Refers to the ability of an individual, company, or economy to produce goods or services efficiently and effectively.

Tariff Revenue

Income generated by the government through the imposition of taxes on imported goods.

Tariff

A tax imposed by a government on imported or exported goods to control trade flows, raise revenue, or protect domestic industries.