Which of the Following Is a Renewable Resource from the Marine

question 24

Multiple Choice

Which of the following is a renewable resource from the marine environment?

• A)Oil
• B)Gas
• C)Tidal energy
• D)Minerals

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Definitions:

Currency Futures

Standardized contracts to buy or sell a specific currency at a future date and at a predetermined price on the foreign exchange market.

Commodity Futures

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, like a physical commodity or a financial instrument, at a predetermined future date and price.

Interest Rate Parity

A financial theory which suggests that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.

Arbitragers

Traders who buy and sell assets, such as stocks or commodities, in different markets or forms to profit from differing prices for the same asset.