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Which of the Following Refers to Countertrade

Question 69

Multiple Choice

Which of the following refers to countertrade?


A) A short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates
B) The exchange rate at which a foreign exchange dealer will convert one currency into another that particular day
C) Simultaneous purchase and sale of a given amount of foreign exchange for two different value dates
D) The purchase of securities in one market for immediate resale in another to profit from a price discrepancy
E) A range of barter-like agreements by which goods and services can be exchanged for other goods and services

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