Foreıgn Trade Deneme Sınavı Sorusu #1389836
How would you define the term " speculation "?
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It represents an appreciation in the domestic currency. |
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It is the exchange rate settled today for a payment or delivery. |
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It is an activity related to gain extra return benefiting from price differences. |
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It is a spot foreign exchange transaction. |
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It arranges the capital flows among countries. |
After shortly reviewing the conceptual issues about the foreign exchange rates, we want to express two important activities taking place in these markets: Speculation and arbitrage. Both of these activities are related to gain extra return benefiting from price differences. A speculation activity does this on the time dimension while an arbitrage activity does it on the place dimension. The correct answer is " C ".
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