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15 July, 09:18

A trader in Switzerland just agreed to trade Swiss francs for British pounds based on today's exchange rate. The trade is expected to settle tomorrow. What term best describes this exchange?

A. Arbitrage transaction

B. Forward trade

C. Spot trade

D. Purchasing power parity

E. Interest rate parity

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Answers (1)
  1. 15 July, 09:46
    0
    I'm guessing it's D or B either one of those
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