When Exchange Rates Are ______, Agreeing to Wait for One

question 137

Multiple Choice

When exchange rates are ______, agreeing to wait for one week from today to engage in an international transaction carries ______.

• A) flexible rather than fixed; less risk
• B) flexible rather than fixed; the same amount of risk
• C) flexible rather than fixed; more risk
• D) fixed rather than flexible; the same amount of risk