A financial strategy that reduces the chance of suffering losses arising from foreign exchange risk is referred to as
A) hedging.
B) foreign exchange leverage.
C) conversion depletion.
D) transaction mitigation.
A
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Under autarky, domestic producer surplus is represented by the area
A) above the supply curve and below the equilibrium price. B) above the demand curve and below the supply curve. C) above the supply curve and below the demand curve. D) below the demand curve and above the equilibrium price.
What happens in the long run after an increase in government spending growth?
A. Inflation expectations adjust and the SRAS curve shifts backwards. B. The AD curve remains permanently in its new position. C. The LRAS curve shifts out to match the increase in AD. D. The AD curve shifts back to its original position.
When one person's actions harm others (such as in the case of pollution), economists say that a(n) _________ is present.
A. market externality B. negative externality C. network externality D. antitrust externality
The goal of a cartel is to
A. increase industry supply. B. maximize industry profits. C. increase competition among members. D. none of these.