The Main Purpose in Contracting to Purchase Foreign Currency in the Forward

question 71

Multiple Choice

The main purpose in contracting to purchase foreign currency in the forward market is to:

• A)Earn a premium (interest) on the exchange
• B)Lock into a price now
• C)Take advantage of future price reductions
• D)Avoid the more expensive spot rates

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Definitions:

Biofeedback

A method that enables a person, usually with the help of electronic equipment, to learn to control otherwise involuntary bodily functions.

Shark Cartilage

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Herbal Supplements

Products made from plants or plant parts used to treat or prevent diseases, improve health, or supplement the diet.

Biologic Response Modifiers

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