A Foreign Currency ________ Gives the Purchaser the Right, Not

question 58

Multiple Choice

A foreign currency ________ gives the purchaser the right, not the obligation, to buy a given amount of foreign exchange at a fixed price per unit for a specified period.

• A) future
• B) forward
• C) option
• D) swap

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Definitions:

Quality of Mind

The ability to observe societal patterns and understand personal experiences in the light of broader social processes.

University Student

An individual who is enrolled in courses of study at a university, pursuing higher education.

Canadian Sociology

A subsection of sociology that focuses on studying societal issues, patterns, and dynamics within the context of Canada.

Canadian Sociologists

Scholars and researchers from Canada who study society, social relationships, and the functioning and development of social structures and institutions.