Which of the following domestic financial instruments have NOT been modified for use in international financial management?
A) currency options and futures
B) interest rate and currency swaps
C) letters of credit
D) All of the above are domestic financial instruments that have also been modified for use in international financial markets.

Question

Quizplus · Accepted Answer

All the options listed (currency options and futures, interest rate and currency swaps, letters of credit) are domestic financial instruments that have been adapted for use in international financial markets to manage risks associated with currency exchange rates, interest rates, and international trade transactions.

Which of the Following Domestic Financial Instruments Have NOT Been