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Question
If ABC Software simultaneously purchases and sells foreign exchange for two different dates, the company is said to be involved in ________.A) increasing its foreign exchange rate risk
B) conducting a currency swap
C) entering an arbitrage situation
D) buying and selling at the spot rate
Answer
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Related questions
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Which of the following statements is true of developing countries that have embraced globalization?
A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
C) Relying upon developed countries for technology has rendered their talent pool stagnant.
D) Their rich cultural diversity hasn't been affected by exposure to new cultures.
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B) lower workers' wages in developed nations
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B) a person's position in society depends upon his educational qualifications and achievements
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A) Strict product liability laws
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