Which of the Following Involves Borrowing in One Currency Where

question 41

Multiple Choice

Which of the following involves borrowing in one currency where interest rates are low, and then using the proceeds to invest in another currency where interest rates are high?

• A) Carry trade
• B) Swing trade
• C) Channel trade
• D) Price action trade

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Definitions:

Urgency Close

A sales technique that aims to expedite a decision from the buyer by emphasizing the limited availability of the offer, creating a sense of urgency.

Purchase Commitment

An agreement or intent by a consumer to buy a product or service, sometimes formalized through a contract or deposit.

Personal Selling Process

A direct marketing approach where sales representatives interact personally with potential customers to understand their needs and persuade them to make a purchase.