A foreign currency ________ contract calls for the future delivery of a standard amount of foreign exchange at a fixed time, place, and price.
A. futures
B. forward
C. option
D. swap
查看答案
Financial derivatives are powerful tools that can be used by management for purposes of
A. speculation
B. hedging
C. human resource management
D. A and B above
Domestic currencies of one country on deposit in a second country are called ________.
A. export deposits
B. eurocurrencies
C. import deposits
D. forocurrencies
Discuss the concept of the "Impossible Trinity". If a country chooses to have a pure float exchange rate regime, which two of the three goals is a country most able to achieve?
A. monetary independence and exchange rate stability
B. exchange rate stability and full financial integration
C. full financial integration and monetary independence
D. A country cannot attain any of the exchange rate goals with a pure float exchange rate regime.
_____centers on the possiblility that a bank’s customer will be unable to meet its interest or principal payments.
A. Credit risk
B. Price risk
Country risk
D. Liquidity risk