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    Global Business Today Study Set 3
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    Exam 10: The Foreign Exchange Market
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    When a Firm Insures Itself Against Foreign Exchange Risk,it Is
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When a Firm Insures Itself Against Foreign Exchange Risk,it Is

Question 98

Question 98

Multiple Choice

When a firm insures itself against foreign exchange risk,it is said to be engaging in _____.


A) currency speculation
B) carry trade
C) hedging
D) currency swap
E) arbitrage

Correct Answer:

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