You are engaging in a ______ if you initially sell a currency (that you do not own) at a high price and then buy it back later on at a low price.
A) discount position
B) premium position
C) short position
D) long position

Question

Quizplus · Accepted Answer

This is describing a short position, where you are selling a currency you do not own with the expectation of buying it back later at a lower price.

You Are Engaging in a ______ If You Initially Sell