Suppose the exchange rate between the U.S.dollar and the euro is $1 = 1.2 euros.A currency trader thinks that the euro will equal $1 in the near future.What profitable trade can be done? Is there any risk in this trade?

Question

Quizplus · Accepted Answer

The Answer of Suppose the exchange rate between the U.S.dollar and the euro is $1 = 1.2 euros.A currency trader thinks that the euro will equal $1 in the near future.What profitable trade can be done? Is there any risk in this trade?

Suppose the Exchange Rate Between the U