Swap Transactions Are Only Used to

question 41

Multiple Choice

Swap transactions are only used to

• A) hedge against upward interest rate movements.
• B) hedge against downward interest rate movements.
• C) speculate.
• D) none of the above

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Definitions:

Labour Relations

The study and practice of managing the relationship between employers and employees, particularly around issues such as wages, working conditions, and collective bargaining.

Craft Unions

Unions that represent skilled craft workers

Industrial Unions

Labor unions that organize workers from various trades and sectors within the same industry to negotiate for better wages, working conditions, and other employment issues.

Final Offer Arbitration

Method of resolving collective bargaining deadlocks whereby the arbitrator has no power to compromise but must select one or another of the final offers submitted by the two parties.