To "Square Off

question 1

Multiple Choice

To "square off,"

• A) a bank adjusts its buy and sell rates of a currency to receive "zero" spread.
• B) a bank increases its buy rate, but decreases its sell rate.
• C) a bank decreases its buy rate, but increases its sell rate.
• D) a bank could raise both buy and sell rates or lower both buy and sell rates to return to its desired foreign currency holding position.

---

Definitions:

E-commerce Website

A type of website specifically designed to facilitate buying and selling of goods and services online via electronic transactions.

Google Scholar

A freely accessible web search engine that indexes the full text or metadata of scholarly literature across an array of publishing formats and disciplines.

Respected Source

A respected source is a trusted and reliable provider of information or data, known for accuracy and credibility in their field.

Specialty Search Engine

A search engine focused on a specific subject area, type of content, or target audience, providing more specialized results than general search engines.