Assume the Following Information: Also Assume That a U

question 12

Multiple Choice

Assume the following information: Also assume that a U.S. exporter denominates its New Zealand exports in NZ$ and expects to receive NZ$600,000 in 1 year. You are a consultant for this firm.
Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that the firm executes a money market hedge?

• A) $238,584.
• B) $240,000.
• C) $234,000.
• D) $236,127.

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Definitions:

Societal Expectations

The norms and standards that a society establishes as acceptable or normal behavior for its members.

Evolutionary Psychology

A field of psychology that examines behavioral processes in terms of their adaptive value for members of a species over the course of many generations.

Gender-Role Socialization

The process by which individuals learn the cultural norms and expectations associated with their designated gender through social interactions and media.

Observational Learning

Learning that occurs when an organism’s responding is influenced by the observation of others, who are called models.