If You Are a Currency Speculator, You Will Always Make

question 58

Multiple Choice

If you are a currency speculator, you will always make money by:

• A)Buying currency with high interest rate
• B)Buying currency with low interest rate
• C)Accurately predicting whether exchange rate will change more or less than the interest rate differential
• D)Buying the currency with the highest interest rate differential

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Definitions:

Coastal Ports

Harbors or docks located along the coastlines that serve as points for the arrival and departure of ships and goods.

Silica Sand

High-purity sand that is made predominantly of quartz silt and is used in various industries such as glass making and hydraulic fracturing.

Glass Manufacturing

The process of producing glass products, which involves melting silica sand and other raw materials to form glass, which is then shaped into desired forms.

Raw Material

The basic material from which a product is made, often used in the context of manufacturing.