Buying Currency in the Forward Market Is a Costly Way

question 115

True/False

Buying currency in the forward market is a costly way of hedging the currency risk.

---

Definitions:

Chemical Hazards

Pertains to any chemical substance that can cause harm to individuals or the environment when improperly managed, stored, or used.

Biotechnology

The development of techniques to genetically manipulate organisms.

Fusion Reaction

A nuclear reaction where two light atomic nuclei combine to form a heavier nucleus, releasing energy in the process.

Atomic Weapons

Weapons that derive their destructive force from nuclear reactions, either fission or a combination of fission and fusion.