Economics B A-Level
Forward markets
What Forward markets means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Forward markets
Check what you remember
Read the wording for your board, then hide it and explain Forward markets in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Financial markets where contracts are made to buy or sell currencies at a fixed rate on a specified future date.
Topics that use Forward markets
- Risks and uncertainty (Pearson Edexcel A-Level)
Related terms
- Business resilience
- Contingency planning
- Exchange rate risk
- Financial stability
- Forward contract
- Risk
- Supply-side shocks
- Uncertainty
Using Forward markets in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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