A Major Difference Between Foreign Currency Futures Contracts and Forward

question 15

Multiple Choice

A major difference between foreign currency futures contracts and forward contracts is that forward contracts are ________.

• A) sold by government agencies
• B) created by banks
• C) created by writers
• D) marketed on the over-the-counter market

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Definitions:

Financial Burdens

The strain or stress placed on an individual's or entity's finances due to debts, obligations, or other financial commitments.

Downsizing

The reduction of an organization's workforce to improve its efficiency or reduce costs.

Workforce Reduction Programs

Initiatives taken by organizations to decrease the number of employees through methods such as layoffs, buyouts, or retirements to reduce costs and improve efficiency.

Cutting Costs

The process of reducing expenses in order to improve a company's financial performance or maintain its competitiveness.