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:

Verified
Correct Answer:
Verified
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