Dash Brevenshure Works for the Currency Trading Unit of ING

question 79

Multiple Choice

Dash Brevenshure works for the currency trading unit of ING Bank in London. He speculates that in the coming months the dollar will rise sharply vs. the pound. What should Dash do to act on his speculation?

• A) Buy a call on the pound.
• B) Sell a call on the pound.
• C) Buy a put on the pound.
• D) Sell a put on the pound.

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Definitions:

Electric Can Opener

A kitchen appliance designed to automatically open metal cans using electric power.

Unconditioned Responses

Automatic, innate reactions to a stimulus that occur without prior conditioning or learning.

Conditioned Stimuli

Previously neutral stimuli that, after association with an unconditioned stimulus, elicit a conditioned response in classical conditioning.

Unconditioned Stimuli

In classical conditioning, a stimulus that naturally triggers an automatic response without prior learning.