The Following Are the Net Currency Positions of a U

question 45

Multiple Choice

The following are the net currency positions of a U.S. FI (stated in U.S. dollars) . Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S. dollar terms. What is the FI's total FX investment?

• A)US$671,500.
• B)US$1,236,700.
• C)-US$671,500.
• D)-US$1,236,700.

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Definitions:

Developing Countries

Nations with a lower living standard, undeveloped industrial base, and lower Human Development Index (HDI) relative to other countries.

Farm Productivity

The output of agricultural goods per unit of input, such as labor or land, over a certain period.

Labor Productivity

A measure of economic performance that examines the amount of goods and services produced by one hour of labor.

Unionized Labor Force

A workforce that is represented by one or more unions, which negotiate wages, working conditions, and other employment terms on behalf of their members.