10-85 What Are the Net Positions for Each Foreign Exchange

question 45

Multiple Choice

10-85 What are the net positions for each foreign exchange held in the portfolio?

• A)$20 million short in SF,$15 million long in €,and $20 million short in £.
• B)$20 million short in SF,$15 million long in €,and $20 million long in £.
• C)$20 million long in SF,$15 million long in €,and $20 million long in £.
• D)$20 million long in SF,$15 million long in €,and $20 million short in £.
• E)$20 million long in SF,$15 million short in €,and $20 million short in £.

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Definitions:

Positive Reinforcement

A behavioral concept where a desirable stimulus is introduced following a behavior, increasing the likelihood that the behavior will occur again.

Negative Punishment

A behavior modification technique involving the removal of a desirable stimulus to decrease the likelihood of a behavior being repeated.

Positive Punishment

A method in behaviorism that involves the addition of an unfavorable outcome in order to decrease the likelihood of a behavior occurring in the future.

Negative Reinforcement

The process of increasing a behavior by removing or avoiding a negative outcome or stimulus.