An american factory needs to buy special tools which are made only by companies in either switzerland or britain. the tools made in switzerland cost 100 francs apiece; the ones made in britain cost 100 pounds each. based on the exchange rates below, what should the factory do?

u. s. dollar comparison
$1.00 u. s. = 0.80 swiss francs
$1.00 u. s. = 0.67 pounds

buy the tools from britain
make the tools themselves
wait until the exchange rate gets better
buy the tools from switzerland

answer: a

explanation:  

stocks and bonds are the two main classes of assets investors use in their portfolios. stocks offer an ownership stake in a company, while bonds are akin to loans made to a company (a corporate bond) or other organization (like the u.s. treasury). in general, stocks are considered riskier and more volatile than bonds.

savings accounts are just money in a bank- they are insured by the fdic for up to 250,000.   very little risk

the average mutual fund holds hundreds of different securities, which means mutual fund shareholders gain important diversification at a low price. which means if one stock or bond drops it will have very little affect on the mutual fund - again very little risk

if you're talking about (ww2) they went bankrupt and their currency was worth nothing

explanation: