The Asian Currency crisis appeared to begin in:

A) South Korea.
B) Taiwan.
C) Thailand.
D) Japan.

Answer: C

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Why do options provide insurance against foreign exchange risks in bidding situations? Why can't you hedge with a forward contract in a bidding situation?

What will be an ideal response?

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Which proposal for insuring that sufficient funds will be available to provide Social Security benefits to future retirees does the AARP find least objectionable?

A) Raise the maximum income cap on which workers and employers are taxed. B) Provide more generous annual cost of living increases. C) Privatize Social Security. D) Lower immigration restrictions to increase the number of workers paying into the Social Security system.

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