Which financial instrument provides a buyer the right to purchase or sell a fixed amount of currency at a prearranged price, within a few days to a couple of years ? | MCQ Hive

Economics Mcqs

Q Which financial instrument provides a buyer the right to purchase or sell a fixed amount of currency at a prearranged price, within a few days to a couple of years ?

A A. Letter a credit
B B. Foreign currency option
C C. Cable transfer
D D. Bill of exchange

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