________ Is the Instantaneous Purchase and Sale of a Currency

question 108

Multiple Choice

________ is the instantaneous purchase and sale of a currency in different markets for profit.

• A) Currency hedging
• B) Currency arbitrage
• C) Currency speculation
• D) Currency conversion

---

Definitions:

Economic Conditions

The state of an economy at a given time, influenced by factors like GDP, unemployment rates, inflation, and government policies.

DSO

Stands for Days Sales Outstanding, a measure of the average number of days that a company takes to collect payment after a sale has been made.

Lockbox Plan

A banking service provided to companies for the receipt of payment from customers, utilizing a special address where payments are collected and processed quickly.

Net Operating Working Capital

A measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities.