
Unit 5 ESP231
Flashcard
•
English
•
University
•
Hard
Linh Nguyễn
Used 2+ times
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22 questions
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1.
FLASHCARD QUESTION
Front
The market in which currencies are bought and sold and in which currency prices are determined is called the ________
Back
Foreign exchange market
2.
FLASHCARD QUESTION
Front
The practice of Insuring against potential losses that result from adverse changes in exchange rates is called ________
Back
Currency hedging
3.
FLASHCARD QUESTION
Front
_________ is the instantaneous purchase and sale of a currency in different markets for profit.
Back
Currency arbitrage
4.
FLASHCARD QUESTION
Front
______ is the purchase or sale of a currency with the expectation that its value will change and generate a profit.
Back
Currency speculation
5.
FLASHCARD QUESTION
Front
In a quoted exchange rate, the currency with which another currency is to be purchased is called the _________
Back
Quoted currency
6.
FLASHCARD QUESTION
Front
In a quoted exchange rate, the currency that is to be purchased with another currency is called the __________
Back
Base currency
7.
FLASHCARD QUESTION
Front
The exchange rate requiring delivery of the traded currency within two business days is called the ________
Back
Spot rate
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