In Order to Profit from an Expected Near-Term Increase in the Relative

question 86

True/False

In order to profit from an expected near-term increase in the relative value of the British pound versus the U.S.dollar,an investor would be wise to maintain a short position in pounds,then sell when the pound rises in relative value.

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Time-Out

A behavior-modification technique in which a child who misbehaves is temporarily removed from positive reinforcement.

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To act out or behave badly, contrary to established rules or expectations.

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A consequence administered to reduce the likelihood of a behavior occurring in the future, often involving an unpleasant or negative experience.