Currency Swaps Are Often Used to Provide Long?term Financing in Foreign

question 18

Multiple Choice

Currency swaps are often used to provide long?term financing in foreign currencies because

• A) long?term capital markets are not well developed
• B) long?term forward foreign exchange markets are absent
• C) of high foreign taxes
• D) a and b only

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Definitions:

Operant Conditioning

An approach to learning in which behavior modification is achieved through positive reinforcement or negative punishment.

Trick or Treat

A Halloween custom for children in many countries, where they dress in costume and solicit candy or other treats door-to-door with the phrase "Trick or treat."

Cumulative Record

A graphical representation showing the total number of responses recorded over time during a behavioral observation or experiment.

Pause

A temporary stop or delay in action or speech, often used for effect, consideration, or to break between ideas.