Which of the Following Is a Characteristic of a Derivative

question 44

Multiple Choice

Which of the following is a characteristic of a derivative?

• A)has one or more underlyings
• B)has one or more notional amounts
• C)exchanging of promises with a counterparty
• D)all of the above
• E)none of the above

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Definitions:

Exports

Items or services dispatched from one country to another for the intent of trade or sale.

Imports

Commodities or offerings that are carried from abroad into a nation with the intent to sell them.

Trade Deficit

A condition where the value of a nation's imports surpasses that of its exports, leading to a trade deficit.

Exports

Goods or services sold by one country to purchasers in another country.