A Currency Is at a ________ When Its Interest Rate

question 57

Multiple Choice

A currency is at a ________ when its interest rate is ________ than the interest rate in the other country.

• A) Forward flat, lower
• B) Forward discount, lower
• C) Forward flat, higher
• D) Forward premium, lower

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Definitions:

Administrator

A manager in a public or nonprofit organization.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Henry Mintzberg

A renowned management theorist known for his work on business strategy and organizational structures.

Managerial Roles

involve the functions and responsibilities assumed by managers in steering organizations toward their objectives.