One Important Purpose of the Forward Markets for Foreign Exchange

question 22

Multiple Choice

One important purpose of the forward markets for foreign exchange allows global traders to protect themselves by ________.

• A) hedging
• B) arbitraging
• C) speculating
• D) preventing default

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Definitions:

Corporate Thieves

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Fallacy

An error in reasoning that renders an argument invalid or unsound, often misleading in nature.

John Glenn

An American astronaut and politician who was the first American to orbit the Earth.