Which of the Following Refers to Countertrade

question 69

Multiple Choice

Which of the following refers to countertrade?

• A)A short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates
• B)The exchange rate at which a foreign exchange dealer will convert one currency into another that particular day
• C)Simultaneous purchase and sale of a given amount of foreign exchange for two different value dates
• D)The purchase of securities in one market for immediate resale in another to profit from a price discrepancy
• E)A range of barter-like agreements by which goods and services can be exchanged for other goods and services

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Definitions:

Closed Membership

A policy or situation where membership in a group or organization is restricted and not freely open to all.

Mandated Membership

Refers to the requirement for an individual to join a specific group or organization, often as a part of a legal or organizational mandate.

Stable Membership

A characteristic of groups or organizations where the participation or affiliation of its members remains fairly constant over time, contributing to continuity and stability.

Orienting Members

The act of introducing and acclimatizing new participants to the objectives, procedures, and norms of a group.