Solved

Omega,Inc,A U

Question 116

Multiple Choice

Omega,Inc.,a U.S.-based firm entered into an agreement with another party to exchange currency and execute the deal at a specific date in the future.What is Omega,Inc.engaging in when it insures itself against foreign exchange risk?


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions