The ________ is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks of exchange rate changes

A) futures market
B) federal open market
C) foreign exchange market
D) LIBOR

Answer: C

Business

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A fixed budget, also known as a static budget, has resources allocated on a single estimate of costs. That budget amount __________.

a. must be adjusted over time b. cannot be adjusted over time c. is often adjusted over time d. is adjusted frequently during the budget period

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Which of the following statements applies to both grandfathered and non-grandfathered health plans?

A) Preventive services must be provided free of charge. B) Any mistake, even an honest one, on an application is grounds for cancellation of a policy. C) Pre-existing conditions may be excluded for all patients. D) Dependent coverage must be extended to adult children until age 26.

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