A. open position
B. close position
C. currency long position
D. currency short position
Foreign Exchange Markets
Foreign Exchange Markets
A. interest rate parity theorem
B. appreciation parity theorem
C. domestic parity theorem
D. foreign interest parity theorem
A. regulations
B. prudent individuals
C. smaller size of assets
D. all of the above
A. largest foreign exchange trading
B. smaller foreign exchange trading
C. largest bond holder
D. smaller bond holder
A. quoted interest rate in United States
B. nominal interest rate in United States
C. interest rate in United States
D. discount rate of country
A. net long in currency
B. net short in currency
C. net surplus in assets
D. net surplus in liabilities
A. domestic rates
B. forward and spot exchange rates
C. forward rate
D. spot rates
A. law of similar mortgage rate
B. law of one type manufacturing
C. law of similar labor rules
D. law of one price
A. net surplus in assets
B. net surplus in liabilities
C. net long in currency
D. net short in currency
A. greater liquidity of assets
B. greater volatility of rates
C. lesser volatility of rates
D. lesser liquidity of assets