international finance

20. A common type of swap transaction in the foreign exchange market is the where the dealer buys the currency in the spot market and sells the same amount back to the same bank in the forward market. Select one: O a. "forward against spot" b. "forspot" O c. repurchase agreement O d. "spot against forward" 23. make money on currency exchanges by the difference between the price, or the price they offer to pay, and the price, or the price at which they offer to sell the currency. of Select one: O a. Dealers; ask; bid b. Dealers; bid; ask c. Brokers; ask; bid d. Brokers; bid; ask. 24. When the cross rate for currencies offered by two banks differs from the exchange rate offered by a third bank, a triangular arbitrage opportunity exists. Select one: O a. True O b. False