An Agreement to Trade Currencies Based on the Exchange Rate

question 27

Multiple Choice

An agreement to trade currencies based on the exchange rate today for settlement within two business days is called a(n) ________ trade.

• A)spot
• B)forward
• C)futures
• D)option
• E)swap

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Definitions:

Role Transitions

Changes in an individual's social positions or roles that require adjustment and adaptation, which can have significant psychological impacts.

Interpersonal Therapy

A form of psychotherapy focused on improving interpersonal relationships and communication, often used to treat depression.

Role Transitions

The process of changing from one role to another in society, which can involve personal, social, or professional changes and can impact an individual's identity or status.

Interpersonal Psychotherapists

Mental health professionals who focus on treating depression and other mental illnesses by improving interpersonal relationships and communication skills.