International Financial Management Study Set 1
Quiz 3: International Financial Markets
42.The Single European Act prevented a trend toward increased globalization in the banking industry.
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41.An investor engaging in a transaction whereby he or she contracts to purchase British pounds one year from now is an example of a spot market transaction.
43.A cross exchange rate expresses the amount of one foreign currency per unit of another foreign currency.
44.A currency put option provides the right, but not the obligation, to buy a specific currency at a specific price within a specific period of time.
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