.1. ________________________________________________ is the amount an investor pays to obtain an option. 2. The term used to refer to a foreign currency contract that gives the buyer the right to buy a foreign currency is _____________________________________________________________ 3. The term used to refer to a foreign currency contract that gives the buyer the right to sell a foreign currency is _____________________________________________________________ 4. ___________________________________ is the price at which an option can be exercised.

5. The United States currently uses a ______________________________________ exchange rate regime.