Question

A US importer's money market hedge on payables would involve, among other things, borrowing______ and depositing money in the_______

a)foreign currency; US bank
b)foreign currency; foreign bank
c)US dollars, foreign bonk
d)US dollars, US bank

Answer 1

A US importer's money market hedge on payables would involve borrowing US dollars and depositing money in a foreign bank.

Step-by-step explanation:

A US importer's money market hedge on payables would involve borrowing US dollars and depositing money in a foreign bank.