Swaps Are Said to Offer Market Completeness

question 80

Multiple Choice

Swaps are said to offer market completeness

• A)This means that all types of debt instruments are not regularly available for all borrowers. Thus interest rate swap markets assist in tailoring financing to the type desired by a particular borrower.
• B)In that the swap market offers price discovery to the market.
• C)Because you can trade across both currencies and fixed and floating market segments.
• D)None of the above

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Definitions:

No Strikes or Lockouts

A policy or agreement within a workplace ensuring that workers do not engage in strikes and employers do not lock employees out.

Good Faith Bargaining

The principle that both parties in negotiations, such as employers and unions, must participate honestly and sincerely to reach a mutually acceptable agreement.

Careless Worker Model

The early approach to safety in the workplace, which assumed that most accidents were due to workers’ failure to be careful or to protect themselves.

Accidents

Unplanned events that result in injury or harm to individuals, damage to property, or a combination thereof.