Speculators Who Think the Euro Is Likely to Decline Over

question 87

Multiple Choice

Speculators who think the euro is likely to decline over the next year can take all of the following actions EXCEPT

• A)buying put options on euros.
• B)sell euro futures contracts.
• C)sell euro forward contracts.
• D)buying call options on euros.

---

Definitions:

Concert Staging Co.

Concert Staging Co. would imply a company that specializes in providing the physical setup, including stages, lighting, and sound equipment, for concert performances.

Ostrich Leathers

High-quality and durable leather made from the skin of ostriches, used in luxury fashion products.

Derived Demand

The demand for a product or service that results from the demand for another product or service.

SCOT

An acronym for Social Construction of Technology, a theory that examines how social, political, and economic factors shape technological innovation and development.