14-38 a Positive Net Exposure Position in FX Implies That

question 12

Multiple Choice

14-38 A positive net exposure position in FX implies that the FI is

• A)net long in a currency and exposed to depreciation of the foreign currency.
• B)net short in a currency and exposed to depreciation of the foreign currency.
• C)net long in a currency and exposed to appreciation of the foreign currency.
• D)net short in a currency and exposed to appreciation of the foreign currency.
• E)neither long nor short in a currency.

---

Definitions:

Rods

Photoreceptor cells found in the retina of the eye that are responsible for vision at low light levels.

Cones

Photoreceptor cells in the retina sensitive to color and detail, functioning primarily under well-lit conditions.

Auditory Cortex

This is the part of the brain that processes auditory information, essential for hearing.

Eardrum

A thin membrane in the ear that vibrates in response to sound waves, playing a key role in the sense of hearing.