When Purchasing and Selling Foreign Currencies to Allow Customers to Take

question 60

Multiple Choice

When purchasing and selling foreign currencies to allow customers to take positions in foreign real and financial investments,the FI

• A)acts defensively as a hedger.
• B)acts aggressively as a speculator.
• C)assumes the FX risk itself.
• D)acts as an agent.

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Definitions:

Transnationals

Individuals or entities that operate across national borders, encompassing activities, businesses, or persons with connections in multiple countries.

Refugees

Individuals who flee their country due to persecution, war, or violence, seeking safety and asylum in foreign nations.

Immigrants

Individuals who leave their country of origin to live permanently in another country.

Muslim Fundamentalists

Individuals or groups advocating for a return to the original principles of Islam, sometimes through strict adherence to Sharia law.