Speculation is the opposite of hedging
Indicate whether the statement is true or false
TRUE
Explanation: While a speculator accepts a foreign exchange risk in the hope of making a profit, a hedger tries to avoid a foreign exchange risk through hedging.
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What happens to the labor supply curves in both countries when Mexican workers leave Mexico and move to the United States?
a. Labor supply decreases in Mexico and decreases in the United States. b. Labor supply increases in the United States and increases in Mexico. c. Labor supply increases in the United States and decreases in Mexico. d. Labor supply increases in Mexico and decreases in United States.
An asset of a bank is
A. the value of money that is on deposit. B. the amount a depositor may legally borrow. C. something of value that the bank owes to a depositor. D. something of value that a bank owns.