国际金融four 4.doc

.Chapter 4 Forward Exchange and International Financial Investment1. _ a position exposed to rate risk is the act of reducing or eliminating a net asset or net liability position in the foreign currency. a. Hedgingb. Speculatingc. Investing ind. Buying2. _ is the act of taking a net asset position or a net liability position in some asset class. a. Hedgingb. Speculatingc. Investingd. Buying3. A _ e