Multiple Choice
An Indian tourist visits the US and exchanges rupees for dollars at a foreign exchange counter at the airport.In this case,which of the following type of foreign exchange transaction has the tourist used?
A) Spot transaction
B) Forward transaction
C) Currency hedging
D) Currency swap
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Which of the following statements is true
Q30: Which of the following is true of
Q31: Which of the following is also known
Q32: According to the economic theory,which of the
Q33: In managed float exchange rate policy,a main
Q35: Explain the two major exchange rate policies.
Q36: In the context of currency risk management,many
Q37: The gold standard was essentially a global
Q38: The International Monetary Fund receives its funds
Q39: The Bretton Woods system came to an