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    International Financial Management
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    Exam 19: Exports and Imports
  5. Question
    The Purchase by a Third Party of One Country's Clearing
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The Purchase by a Third Party of One Country's Clearing

Question 17

Question 17

Multiple Choice

The purchase by a third party of one country's clearing agreement balance for hard currency which then in turn is sold is called:


A) buy-forward.
B) offset.
C) switch trading.
D) counterpurchase.

Correct Answer:

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