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    International Economics Study Set 1
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    Exam 11: Foreign Exchange
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    A (An) ____ Is an Arrangement by Which Two Parties
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A (An) ____ Is an Arrangement by Which Two Parties

Question 109

Question 109

Multiple Choice

A (An) ____ is an arrangement by which two parties exchange one currency for another and agree that the exchange will be reversed at a stipulated date in the future:


A) Arbitrage
B) Swap
C) Option
D) Hedge

Correct Answer:

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