_____ is not a characteristic of speculation.Select one:a.Hedgingb. Risk takingc.Profit motived.Exchange rate fluctuation
Question
Solution 1
To answer the question, we need to identify which option is not a characteristic of speculation.
The options given are: a. Hedging b. Risk taking c. Profit motivated d. Exchange rate fluctuation
We need to determine which of these options does not align with the characteristics of speculation.
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