The pound-dollar forward rate for pounds is $1.9068, and the spot rate is $1.9059. Pounds are selling at a ________

A) discounted premium
B) backward discount
C) forward premium
D) forward discount

C

Business

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Which of the following is true about the economic risks of doing business in a country?

a) economic risk are independent of political risks b) it is less costly to do business in relatively primitive or undeveloped economies c) the inflation rate in a country is an indicator of the economic risks of doing business in a country d) countries with weaker property laws tend to have higher economic growth, and involves less risk

Business

A(n) ________ is a document of title issued by a common carrier stating that the bailor has title to the bailed goods

A) bill of lading B) accession C) freight forwarder D) delivery order

Business