define the following terms(i)hedging,(ii)franchising(iii)bills of exchange(iv)spot exchange rate.?

0 ⤊

define the following terms(i)hedging,(ii)franchising(iii)bills of exchange(iv)spot exchange rate.?

what are the factors of production?

2007-04-18 02:34:16 · 2 answers · asked by juma k 1 in Business & Finance ➔ Other - Business & Finance

2 answers

To hedge is a safety net, so to speak. If one area of the market looks shakey, investors might hedge their money by buying gold, or cover all the bases. The spot exchange rate is I think, what you actually pay rather than what's quoted in the paper.

2007-04-20 06:19:59 · answer #1 · answered by rann_georgia 7 · 0⤊ 0⤋

These are all Financial terms - look them up in wikipedia ...

They have nothing to do with Production (other than the fact you might need to borrow money to invest in production machinery etc)

2007-04-20 00:46:23 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋