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OleMash [197]
3 years ago
10

A(n) _____ is used to move out of one currency and into another for a limited period without incurring foreign exchange risk.

Business
1 answer:
AveGali [126]3 years ago
5 0

Answer:

Currency swap.

Explanation:

A currency swap is an agreement or a contract between the two parties. Involves the exchange of interest and sometimes of principal in one currency for the same in another currency. Interest payments are exchanged at fixed dates through the life of the contract.

It is considered to be a foreign exchange transaction and is not required by law to be shown on a company's balance sheet. Two parties exchange principal amount and interest that incur in different currencies. The dual purpose of a currency swap is to hedge exposure to exchange rate risk, or helps reduce the cost of borrowing a foreign currency.

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The way that the increasing income would affect the market for spam an inferior good is that it would cause the demand for spam to decrease.

<h3>What is an inferior good?</h3>

This is the term that is used to refer to the good that the demand for falls whenever there is a positive change in income. That is as the income of a person rises, the demand that they would have for an inferior good would be more likely to fall.

Hence we can say that the The way that the increasing income would affect the market for spam an inferior good is that it would cause the demand for spam to decrease.

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Ello pues en ese entonces, el gobierno a cargo de Carlos Salinas de Gortari se encontraba llevando a cabo medidas económicas de corte liberal, dilapidando reservas internacionales para poder garantizar la competitividad del mercado mexicano, intentando atraer empresas extranjeras para invertir en el país. Pero esos movimientos, contrario a lo que el gobierno creía, no generaron mayores ingresos al país, sino que generaron situaciones de inestabilidad económica que hicieron que el gobierno de México tuviera que devaluar su moneda, generando una enorme crisis económica y financiera que fue mundialmente conocida como la Crisis del Tequila.

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