In general, when speculating on exchange rate movements, the speculator will borrow the currency that is expected to appreciate and invest in the country whose currency is expected to depreciate

a. True
b. False


b

Business

You might also like to view...

When the seller has agreed to deliver the goods to the buyer at the place the buyer names in the country of import, with all costs, including duties paid is referred to as:

A) DDP. B) FCA. C) FAS. D) FOB. E) CIF.

Business

D&J is a company that owns intellectual property. It allows Freedman Bros. to sell their items. Here, D&J will be known as the ________.

A. protector B. guarantor C. licensor D. warrantor

Business

Answer the following statements true (T) or false (F)

1. It is best to empower adversarial employees under closely controlled conditions. 2. The pinch theory process is best employed when a team conflict has gotten too large and contentious to be handled calmly or rationally. 3. Among the group-based financial incentives (not including cooperatives), Scanlon- type gainsharing plans do the most to pass responsibility and power to lower-level employees. 4. Under an employee stock option plans, a new hire does not have to wait to get a stake in the company. 5. In terms of cooperatives, a group of farmers is most likely to form a purchasing cooperative.

Business

Which of the following statements regarding the profitability index is true?

A) A profitability index greater than 1.0 means that the investment will take longer than one year to pay for itself. B) A profitability index greater than 1.0 means that the investment should not be made. C) When comparing projects, the one with the highest profitability index will have a longer payback period. D) When comparing projects, the one with the highest profitability index is preferred.

Business