One Advantage of the Forward Exchange Market Is

question 44

Multiple Choice

One advantage of the forward exchange market is:

• A) That no buying/selling of the currency is needed until a specified date in the future.
• B) The use of fixed contracts.
• C) The initial deposit allows for further leveraging.
• D) That contracts deal only in small amounts.

---

Definitions:

EGR System

An Exhaust Gas Recirculation System helps reduce nitrogen oxide emissions by recirculating a portion of an engine's exhaust gas back to the engine cylinders.

Air/Fuel Ratio

The ratio of air to fuel in an internal combustion engine, crucial for efficient performance and emissions control.

Scan Tool

A diagnostic tool used to interface with, diagnose, and sometimes reprogram vehicle control modules.

Compression Test

A diagnostic procedure used to determine the condition of an engine's cylinders by measuring the pressure they can produce.