The general process of managing the risks incurred in wide currency rate shifts in the floating exchange market is known as _____________.
Fill in the blank(s) with the appropriate word(s).
hedging
This is taken directly from the text.
You might also like to view...
Which of the following facts would require a lessee to classify a lease as a capital lease?
A) The lease term is 85% of the estimated economic life of the leased property. B) The present value of the minimum lease payments is 85% of the fair market value of the leased property to the lessor, less any investment tax credit accruing to the lessor. C) The lease contains a purchase option. D) There are no important uncertainties about the amounts of unreimbursable costs.
A diffuse culture is one in which individuals:
A. are direct and extroverted. B. greet each other with a great deal of enthusiasm. C. have a large public space and a small private space. D. guard their public space carefully.
eBay is the predominant person-to-person trading community in the world. eBay is an example of a(n)
A. e-marketplace. B. integrated market. C. Webfront operation. D. clicks-and-mortar store. E. noncompetitive market.
_______ are the devices that attach to the network
A. Subscribers B. Subscriber line C. Exchanges D. Trunks