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Which of the following statements is correct? Select one: a. As the U.S. dollar appreciates against the Japanese yen, U.S. goods become less expensive to
Which of the following statements is correct?
Select one:
a.
As the U.S. dollar appreciates against the Japanese yen, U.S. goods become less expensive to Japanese consumers.
b.
A positive net exposure position in FX implies the FI is net short in a currency.
c.
To a U.S. trader of foreign currencies, a direct quote indicates U.S. dollars received for each one unit of the foreign currency.
d.
Both a and b
e.
Both b and c
Clear my choice
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