(a) It is used for cargo with higher unit value and manufactured or semi-manufactured goods. (b) Its shipping lines offer slower shipping services. (c) It operates regularly on a fixed schedule. (d) Its document of transport contract is called ‘Charter Party’.

(a) Riskiness of company’s foreign exchange positions resulting from its business activities. (b) The holding period or length of time over which the foreign exchange position is planned to be held. (c) A change in the present value of the future after tax cash flows due to changes in exchange rates. (d) The unit of […]