In the world of foreign exchange, when we talk of the carry trade we mean:

Question 17 options:

	borrowing currency where interest rate are low and swapping the proceeds into a currency where interest rates are high to invest in financial assets of the latter
	buying a bearer bond where you clip the coupon to carry into your bank to receive an interest payment
	borrowing currency where interest rate are high and swapping the proceeds into a currency where interest rates are low to invest in financial assets of the latter
	professional money managers borrow and invest in different currenciel to generate risk-free profit