A US Firm Agrees to Import Textiles from Hong Kong and and Pay

question 5

True/False

A U.S. firm agrees to import textiles from Hong Kong and pay in 90 days. The invoice requires payment in Hong Kong dollars. The U.S. importer could hedge this currency risk by buying the HK dollar forward.

---

Definitions:

Resident Assistant

A trained peer leader who supervises and assists residents, particularly in college dormitories, with daily life and activities.

Empathy

Understanding and having compassion for others.

Sympathy

A feeling of pity or sorrow for the distress of others; understanding or empathizing with someone else's emotional experiences.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature.