A US Firm Has a Contractual Payment of £1 Million

question 63

Multiple Choice

A US firm has a contractual payment of £1 million due in 3 months.Which one of the following actions would incur exchange rate risk?

• A) Buy pounds now at the current spot rate.
• B) Buy pounds in 3 months at the current spot rate.
• C) Contract forward today to buy pounds in 3 months.
• D) Buy pounds today in the futures market.

Identify and evaluate the key factors contributing to globalization and determine the most influential factor.

Debate the net impact of transnational corporations' operations in poor countries.

Evaluate the role and impact of major international organizations (IMF, World Bank, WTO) on the wealth gap between rich and poor countries.

Contrast modernization theory and dependency theory in terms of their approach to development and substantiate a personal stance.

---

Definitions:

At-Will Employee

An employment arrangement in which an employee can be dismissed by an employer for any reason (that is not illegal) without warning, as long as the reason is not discriminatory.

State Constitution

The fundamental legal document that outlines the structure, functions, and principles of government at the state level in the United States.

Title VII

Title VII of the Civil Rights Act of 1964 is a federal law that prohibits employers from discriminating against employees on the basis of sex, race, color, national origin, and religion.

Gender-Based Assignments

Tasks or roles assigned based on gender, often criticized when they perpetuate stereotypes or limit opportunities based on gender.