If One Has Agreed to Buy a Foreign Exchange Forward

question 58

Multiple Choice

If one has agreed to buy a foreign exchange forward,

• A)you have a short position in the forward contract.
• B)you have a long position in the forward contract.
• C)until the exchange rate moves,you haven't made money,so you're neither short nor long.
• D)you have a long position in the spot market.

---

Definitions:

Infertility

The inability to conceive a child after one year of regular, unprotected intercourse.

Sexually Transmitted Infections

Refers to infections that are primarily spread through sexual contact, affecting both males and females.

Infections

The invasion and multiplication of microorganisms such as bacteria, viruses, and fungi in body tissues, causing disease.

Chronic Infections

Long-lasting infections that can persist for months or years, often causing persistent symptoms.