A Spot Contract Is A(n)

question 35

Multiple Choice

A spot contract is a(n) :

• A) promise to purchase a foreign currency in 30 days.
• B) promise to purchase a foreign currency in 90 days.
• C) contract for the immediate exchange of currencies.
• D) agreement to sell currencies at a fixed price indefinitely.

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Definitions:

Fight-Or-Flight

A physiological response to perceived threatening situations, preparing the body to either confront or flee from the threat.

Autonomic Response

Involuntary physical responses controlled by the autonomic nervous system, such as heart rate, digestion, and respiratory rate.

Human Stressors

External or internal stimuli that cause stress in individuals.

Sympathetic Nervous System

Part of the autonomic nervous system that activates the body's rapid involuntary response to dangerous or stressful situations.