1. A strike price in currency options markets is the specified exchange rate at which the_

   		option can be exercised
   		option can be bought
   		option can be sold
   		futures options can be sold
   		none of the above

2. Revenue exposure is frequently called translation exposure.

   True

   False

3. Three motives for swaps are currency risk management, commercial needs, and comparative advantage.

   True

   False