The Following Are the Net Currency Positions of a U

question 18

Multiple Choice

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) .
Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S.dollar terms.
$\begin{array}{l}\begin{array}{lll}\text {Currency}\\\text {Canaclian Dollay}\\\text {Euro}\\\text {Japane se Yen}\\\text {SWiss: Fiadc}\\\text {British Pound.}\\\end{array}\begin{array}{lll}\text {Net Position}\\\text {+U.S. \$ 1,200}\\\text {-U.S. \$ 245,900}\\\text {+U.S. \$ 505,000 }\\\text {-U.S. \$ 36,700}\\\text {+U.S. \$447,900}\\\end{array}\end{array}$
What is the FI's total FX investment?

• A)U.S.$671,500.
• B)U.S.$1,236,700.
• C)-U.S.$671,500.
• D)-U.S.$1,236,700.

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Definitions:

Phonemic

Pertains to phonemes, which are the smallest units of sound in a language that distinguish one word from another.

Structural

Relates to the physical or organizational shape, composition, or arrangement of something.

Episodic

Pertaining to events or incidents that occur in separate, distinct episodes, often relating to memory in psychology.

Phonemically

Pertaining to phonemes, which are the smallest units of sound in a language that distinguish one word from another.