A Speculator Is Someone Who ________

question 41

Multiple Choice

A speculator is someone who ________.

• A)trades foreign exchange illegally
• B)deals in the black market in currency
• C)takes positions in foreign-exchange markets to earn a profit
• D)works for OTC financial institutions rather than non-financial corporations

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Definitions:

International Treaty

An agreement under international law entered into by countries in written form.

NAFTA

The North American Free Trade Agreement, a treaty between the U.S., Canada, and Mexico that eliminated most tariffs on trade between the countries.

Uniform Commercial Code

A complete array of statutes that regulate all business dealings across the United States.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminates most tariffs on trade between them.