question archive A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date
A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date
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A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.
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(a) spot |
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(b) forward |
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(c) swap |
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(d) currency |
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Answer:
(b) forward since A spot transaction in the foreign exchange market requires an almost immediatedelivery of foreign exchange and forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date
