Test bank International Finance MCQ (word)Chap 8.docVIP

Fundamentals of Multinational Finance, 3e (Moffett) Chapter 8 Foreign Currency Derivatives 8.1 Multiple Choice and True/False Questions 1) Financial derivatives are powerful tools that can be used by management for purposes of A) speculation. B) hedging. C) human resource management. D) A and B above. Answer: D Topic: Financial Derivatives Skill: Recognition 2) A foreign currency ________ contract calls for the future delivery of a standard amount of foreign exchange at a fixed time, place, and price. A) futures B) forward C) option D) swap