The spot exchange rate __________
A. is the rate today for exchanging one currency for another for immediate delivery
B. is the rate today for exchanging one currency for another at a specific future date
C. is the rate today for exchanging one currency for another at a specific location on a specific future date
D. is the rate today for exchanging one currency for another at a specific location for immediate delivery
Answer: Option A
Solution(By Examveda Team)
The spot exchange rate is the rate today for exchanging one currency for another for immediate delivery. The spot exchange rate is the amount one currency will trade for another today. In other words, it's the price a person would have to pay in one currency to buy another currency today. You could also think of it as today's rate that one currency can be traded with another.This Question Belongs to Management >> International Finance And Treasury
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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