Which of the Following Is Not an Instrument Used by U.S.-Based

question 104

Multiple Choice

Which of the following is not an instrument used by U.S.-based MNCs to cover their foreign currency positions?

• A) forward contracts.
• B) futures contracts.
• C) non-deliverable forward contracts.
• D) options.
• E) all of the above are instruments used to cover foreign currency positions.

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Definitions:

Communications Links

Physical or wireless connections between devices that allow for data exchange.

PLC Systems

Systems that use Programmable Logic Controllers for automation of industrial electromechanical processes.

Point-To-Point

Relating to a communication configuration where two devices are directly connected and communicate with each other without any intermediary.

Robot Arm

A type of mechanical arm with multiple joints that can be programmed to perform a variety of tasks, such as assembly, painting, or welding.