The activity of making profit through buying a currency cheap in one market and selling it dear in the other market at a particular point of time is known as
A. Forward currency
B. Currency arbitrage
C. Speculation of currency
D. Depreciated currency
Answer: Option B
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A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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