Checklists Are Used to Make Sure All Steps in a Process

question 90

Short Answer

Checklists are used to make sure all steps in a process are carried out and to ________________________

---

Definitions:

Inflation Rate

The inflation rate is the percentage increase in the general price level of goods and services in an economy over a period of time.

Exchange Rate

The price of one country's currency in terms of another's, used in international trade and investment.

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery and payment.

Covered Interest Arbitrage

A strategy in which an investor uses a forward contract to hedge against exchange rate risk when investing in foreign interest-bearing instruments.