If a currency is selling at a forward discount it means that the foreign-exchange market most likely believes that the ________

A) currency will depreciate over time
B) country's economy is weak
C) currency will appreciate over time
D) country's economy is strong

A

Business

You might also like to view...

A gift "causa mortis" is ineffective if the donor recovers from the existing illness or peril

Indicate whether the statement is true or false

Business

When affective commitment is high, ________

A) employees are not expected to go above and beyond the call of duty B) employees are likely to perform OCBs C) employees are less satisfied on the job D) employees perform OCBs only when asked to do so

Business