Question 47 A(n) _ _ is the right but not the obligation to buy or sell a foreign currency within a certain time period or on a specific date at a Not yet answered specific exchange rate. Points out of 1 Select one: Y Flag question oa offer b. option c. forward rate d. bid Question 48 Not yet answered Points out of 1 T Flag question A company's location should be flexible enough to Select one o a. respond to new opportunities and withdraw from less profitable ones o b. export anywhere in the world from a single production location G. implement concentration strategies instead of diversification strategies d.import from anywhere in the world to a single production location