1. The rate at which a foreign currency can be exchanged for the domestic currency is the____________. 2. A gain on the exchange of one currency for another due to appreciation in the home currency is...


1. The rate at which a foreign currency can be exchanged for the domestic currency is the____________.


2. A gain on the exchange of one currency for another due to appreciation in the home currency is a(n)___________ .


3. ______________ refers to the possibility that future cash transactions will be affected by changing exchange rates.


4. The exchange rate of one currency for another for immediate delivery is the_________________.



May 05, 2022
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