An instrument available from government sources designed to cover currency losses incurred by exporters of goods is called:

Question

Quizplus · Accepted Answer

Exchange-risk insurance is specifically designed to protect exporters from potential losses due to fluctuations in currency exchange rates. This type of insurance is often provided by government agencies to encourage domestic companies to engage in international trade by mitigating the financial risks associated with exchange rate volatility.

An Instrument Available from Government Sources Designed to Cover Currency