Firms Use Forward Foreign Exchange Contracts Rather Than a Cash-And-Carry

question 71

Multiple Choice

Firms use forward foreign exchange contracts rather than a cash-and-carry strategy because ________.

• A) of lower transaction costs
• B) of inability to borrow in different currencies
• C) of higher interest costs if credit quality is poor
• D) all of the above

Understand the tools and documents used by managers to plan and organize tasks.

Comprehend the decision-making process and the considerations involved in making organizational decisions.

Recognize the importance and methods of monitoring the outcomes of decisions in an a managerial context.

Understand the concepts and significance of perspective-taking and its role in social interactions and cognitive development.

---

Definitions:

Consensus Crimes

Are illegal acts that nearly all people agree are bad in themselves and harm society greatly. The state inflicts severe punishment for consensus crimes.

Cultural Norm

A rule or standard shared by members of a society that dictates acceptable behavior in various situations.

Deviants

Individuals or behaviors that deviate from the accepted norms or standards of a society, which can result in social stigmatization or sanctions.

Social Deviance

Behaviors or actions that violate the societal norms or expectations, leading to disapproval, sanction, or ostracism from the larger society.