CHAPTER 8 Currency Futures and Options Markets EASY (definitional) 8.1 Which one of the following currency futures contracts is currently NOT available? a) French franc b) Hungarian forint c) Czech koruna d) Norwegian krone Ans: a Section: Futures contracts Level: Easy 8.2 Which of the following has provided a major inducement for speculators to participate in the futures market? a) low margin requirements b) low bid‑ask spreads c) high volume compared to the forward market d)
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Professor William Smith English 106 25 October 2013 Death Makes Love Stronger Love and Death go hand in hand; it seems as though love carries on and becomes even stronger once a loved one has passed away. When comparing the two poems “Daddy‚” by Sylvia Plath and “Annabel Lee‚” by Edgar Allan Poe. I found that these two particular poems have many similarities‚ as well as differences‚ but I feel that the similarities are more apparent. First‚ in both of these poems‚ the authors discuss how
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CHAPTER 5 The Balance of Payments and International Economic Linkages EASY (definitional) 5.1 A balance of trade deficit results in a current account a) deficit b) surplus c) IMF intervention d) World Bank loan Ans: c Section: Current account Level: Easy 5.2 The change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called a) the net liquidity balance b) the balance of payments c) the balance on current account
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CHAPTER 10 Measuring and Managing Translation and Transaction Exposure EASY (definitional) 10.1 ___________ a certain currency exposure means establishing an offsetting currency position so that the gain or loss from the exposure on the original currency is exactly offset buy the gain or loss from the currency hedge. a) Arbitraging b) Cross-hedging c) Hedging d) Risk shifting Ans: c Section: Alternative measures of foreign exchange exposure Level: Easy 10.2 Hedging cannot provide protection
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How does Alan Bennett express conflicting views about education through his portrayal of the four teachers in « The History Boys »? In this play‚ the author Alan Bennett wants to convince the audience that education can be approached in many different ways. In fact‚ through the characters of Hector‚ Irwin‚ Dorothy Lintott and the headmaster‚ he shows us that there is no “right” or “wrong” way of teaching. The first educator properly introduced to the audience is Hector‚ a rather unusual teacher
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movie Imitation Game follows a mathematician by the name of Alan Turing during World War II while he and his fellow cryptographers to break the German code named Enigma to win the war. The movie was centered around him‚ his friend/ fiancé Joan and his other coworkers Peter‚ Hugh‚ and Cairncross. The movie starts off in 1951 with Alan being interrogated for charges that are unknown to the audience and the plot of the movie continues with Turing telling the officer about his time working for the military
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Game is set During World War II and follows Alan Turing‚ British mathematician as he is enlisted to try to break German codes encrypted using Enigma machines. It shows the process through which Turing worked to crack the code. When Britain declares war on Germany in 1939‚ Turing joins a cryptography team‚ led by Commander Denniston‚ aiming to crack ciphers created by Enigma machines‚ which the Nazis use to provide security for their radio messages. Turing prefers to work alone‚ considering his teammates
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1. According to Kantian theory‚ was Alan Turing’s action to ‘play God’ so that ‘Britain can win the war and more lives are saved in the long run’ ethical? Why? Justify using three key principles of Kantian theory. In my opinion it is not ethical. Turning’s actions do not conform to the Kantian theory on the basis that ‘’if a conflict between duties arises‚ the perfect duty must be followed.’’ Turing’s decision not to interfere with the passenger convoy represents a conflict between duties where saving
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The documentary‚ “Dangerous Knowledge” by David Malone‚ focuses on four major mathematicians‚ Georg Cantor‚ Ludwig Boltzmann‚ Kurt Gödel and Alan Turing. For each mathematician‚ their genius drove them insane and eventually led them to commit suicide; however‚ their intelligence has greatly affected todays mathematics. This documentary discusses many of the questions that mathematical thinkers are trying to answer. As a child‚ Georg Cantor heard voices‚ which he believed was God‚ calling him into
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Game‚” takes place in England‚ WW2‚ centered around Alan Turing‚ a homosexual mathematician accredited with the invention of the “Turing Machine‚” responsible for breaking the enigma code of the Germans‚ saving countless lives and reducing the war’s length by several years. Although the film’s plot doesn’t directly revolve around discrimination‚ large segments of film are dedicated to revealing Turing’s predicament as a gay man in England. Turing was forced to conceal who he really was as an individual
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