The Following Contract Is More Likely to Be Closed by an Exchange-For-Physicals

question 14

Multiple Choice

The following contract is more likely to be closed by an exchange-for-physicals:

• A) a Treasury bonds futures
• B) an oil futures
• C) a gold futures
• D) an index futures
• E) a Eurodollar futures

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Definitions:

Quantity of Gold Bars

The total number or weight of gold bars held or transacted.

Renewable Natural Resource

A resource that can replenish itself naturally over time, such as solar energy, wind, and biomass.

Aquifers

Underground layers of water-bearing permeable rock or materials through which groundwater can be extracted using a well.

Renewable Natural Resources

Things such as forests, water in reservoirs, and wildlife that are capable of growing back or building back up (renewing themselves) if they are harvested at moderate rates.