Which of the Following Is an Appropriate Definition of a Currency

question 2

Multiple Choice

Which of the following is an appropriate definition of a currency swap?

• A)A swap used to hedge against exchange rate risk from mismatched currencies on assets and liabilities.
• B)A swap used to hedge against the general depreciation of a currency.
• C)A swap used to hedge against the general appreciation of a currency.
• D)A swap used to speculate on the depreciation or appreciation of a currency.

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Definitions:

Segregation

The enforced separation of different racial or ethnic groups within a society, often leading to discrimination or unequal treatment.

Civil Rights

The rights of citizens to political and social freedom and equality, often protected under law from discrimination on grounds such as race, gender, or sexual orientation.

Equal Protection

Refers to the constitutional guarantee under the Fourteenth Amendment that no state will deny any person within its jurisdiction the equal protection of the laws.

Brown v. Board

A landmark Supreme Court case in 1954 that declared state laws establishing separate public schools for black and white students unconstitutional.