Which of the Following Would NOT Be Considered a Foreign

question 46

Multiple Choice

Which of the following would NOT be considered a foreign exchange hedge?

• A) The placement of large amounts of Canadian funds with a bank in Zurich, Switzerland.
• B) A foreign currency futures contract.
• C) A foreign currency option contract.
• D) A forward exchange contract.

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Definitions:

Level of Stress

The degree or intensity of stress an individual is experiencing at any given time.

Income Quintiles

A statistical measure dividing a population into five equal groups according to their income level for comparative analysis.

Government Spending

Expenditures by the government sector on goods and services that it consumes to provide public services and for the benefit of the community.

Personal Income Tax

Tax levied on individuals or households based on their total income from all sources.