During 2012-2013, Currency Speculator George Soros Made a Lucrative Currency

Multiple Choice

During 2012-2013, currency speculator George Soros made a lucrative currency trade.Having expectations of a future depreciation of the yen, Soros made big bets against it.He sold large amounts of yen, pushed its value down, and profited by re-buying the yen when its price bottomed out.What Soros was engaging in was a

A) long position.
B) short position.
C) premium position.
D) discount position.