Foreign exchange risk is
A) a financial strategy that reduces the change of suffering losses arising from foreign exchange risk.
B) an exchange rate arrangement in which a country pegs the value of its currency to the exchange value.
C) the possibility that changes in the value of a nation's currency will result in variations in the market value of assets.
D) active management of a floating exchange rate on the part of a country's government.
C
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The U.S. labor movement started with
A) aerospace workers unions. B) industrial unions. C) craft unions. D) depression unions.
When British soldiers in German prisoner of war camps during World War I smoked the best cigarettes and used the low-quality ones as money, they were obeying
a. Gresham's law that says bad money drives out good money b. Gresham's law that says good money drives out bad money c. the classical law that says bad money drives out good money d. the classical law that says velocity affects money e. Weldon's law that says velocity affects money