Economics · International Trade
Forward exchange rates are useful for market participants who wish to: A. Protect themselves from the risk that the exchange rate will change before a transaction is completed B. Gamble that a currency will rise in value C. Gamble that a currency will fall in value D. Exchange currencies at a specific point in time in the future Choose the correct combination:
- 1A, B, C, and D✓
- 2A and C only
- 3A and B only
- 4A, B and C only
Correct answer
A, B, C, and D
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