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    International Economics Study Set 12
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    Exam 11: Foreign Exchange
  5. Question
    In the Forward Market, the Exchange Rate Is Agreed on at the Time
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In the Forward Market, the Exchange Rate Is Agreed on at the Time

Question 74

Question 74

True/False

In the forward market, the exchange rate is agreed on at the time of the currency contract, but payment is not made until the future delivery of the currency actually takes place.

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