If an Investor Borrows Funds in Currency with a Low

question 16

Multiple Choice

If an investor borrows funds in currency with a low interest rate and loans those funds in a currency with a higher interest rate but the investor does not acquire a forward contract that assures an acceptable exchange rate for the loaned currency,the transaction is called a (an) ________________ transaction.

• A)ill-advised
• B)currency swap gamble
• C)carry trade
• D)uncovered interest arbitrage

Recognize the special attention required by the product/service element in the service marketing mix.

Understand the three properties of products and services that influence consumer purchase decisions and provide relevant examples.

Understand the scope and application of warranties in consumer transactions.

Identify the statutory obligations of car dealerships and the rights of consumers under warranty issues.

---

Definitions:

Importance Of Religion

The significance attributed to religious beliefs, practices, and institutions in shaping individual and societal values, morals, and behaviors.

Late Adulthood

The final stage of the life span, often considered to start around the age of 65, marked by physical, cognitive, and social changes.

Keynes

Refers to John Maynard Keynes, an influential British economist known for his theories on the causes of prolonged unemployment.

Recessions

Periods in which an economy experiences a temporary decline in trade and industrial activity, usually marked by a fall in GDP in two successive quarters.