The Following Are the Net Currency Positions of a U

question 42

Multiple Choice

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . $\begin{array}{lrrrr}\text { Currency} &\text { Assets } & \text { Liabilities } & \text { FX Bought } & \text { FX Sold } \\\text { British pound} &24,600 & 70,000 & 170,400 & 321,000 \\\text { Yen} &31,000 & 20,400 & 250,000 & 220,000 \\\text { Swiss franc} &10,200 & 9,800 & 8,000 & 10,800\end{array}$ How would you characterize the FI's risk exposure to fluctuations in the Swiss franc/dollar exchange rate?

• A)The FI is net short in the franc and therefore faces the risk that the franc will rise in value against the U.S.dollar.
• B)The FI is net short in the franc and therefore faces the risk that the franc will fall in value against the U.S.dollar.
• C)The FI is net long in the franc and therefore faces the risk that the franc will fall in value against the U.S.dollar.
• D)The FI is net long in the franc and therefore faces the risk that the franc will rise in value against the U.S.dollar.

Distinguish between obsessive thoughts and compulsive behaviors.

Recognize the role of the nervous system and neurotransmitters in anxiety disorders.

Recognize symptoms and classifications of mood disorders.

Understand the concept of culture-bound disorders.

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Definitions:

Values

Core beliefs or standards that guide and motivate attitudes and actions.

Norms

Established standards of behavior or beliefs that are considered typical or acceptable within a group or society.

Infractions

Breaches or violations of rules or agreements.

Empirical Evidence

Empirical evidence is information acquired by observation or experimentation that serves as the basis for knowledge and theory development.