If an Australian Importer Has a Contract for Japanese Goods

question 54

True/False

If an Australian importer has a contract for Japanese goods denominated in yen payable in three months' time and is concerned that the AUD may appreciate,the importer may enter into a forward contract to sell the yen for delivery in three months' time.

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Definitions:

Retaliation

A form of response aimed at returning harm for harm; often used in contexts of conflict or competition, whether personal, legal, or military.

Antisocial Behavior

Behaviors that damage or disregard the welfare of others, frequently breaking societal norms and regulations.

Deliberately

Done consciously and intentionally; often implying careful thought or planning.

Prosocial

Behaviors that are intended to help or benefit others, including acts of kindness, sharing, and cooperating.