In Purchasing a Claim to Foreign Exchange

question 84

Multiple Choice

In purchasing a claim to foreign exchange:

• A)it is necessary only to go to a local bank
• B)a permit must first be received from a Federal Reserve Bank
• C)a bank specializing in foreign exchange must be contacted
• D)a cable, telephone call, or letter must be directed to a foreign bank

---

Definitions:

Nonverbal Communication

The transmission of messages or information through means other than verbal language, including body language, gestures, and facial expressions.

Voice Intonation

The variation in pitch and tone in speaking, which can convey different emotions, attitudes, or emphases.

Sender's Actions

The behaviors and choices made by the initiator of a communication in order to convey a message to a receiver.

E-mail

A digital method of exchanging messages over the internet between people using electronic devices.