Examlex
Which of the following IQ test questions is most likely to be culturally biased?
Renminbi
The official currency of the People's Republic of China, also known as the yuan in its unit designation.
FX Swaps
A financial agreement where two parties exchange currencies at a specified rate for a certain period, often used to hedge currency risks.
Spot Transaction
A financial contract for the immediate purchase or sale of a commodity, currency, or other asset, with delivery taking place immediately or within a short period.
Forward Transaction
A financial agreement to buy or sell an asset at a specified future date and price.
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