Foreign Exchange Market-Revision

Foreign Exchange Market-Revision

Assessment

Flashcard

Social Studies

12th Grade

Practice Problem

Easy

Created by

David smith

Used 1+ times

FREE Resource

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50 questions

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1.

FLASHCARD QUESTION

Front

What is the market called where AJ and YoonSoo can exchange their local currency into Euros?

Back

a market for converting currency of one country into another country

2.

FLASHCARD QUESTION

Front

What is the purpose of the Forex market?

Back

To encourage international investment and trade.

3.

FLASHCARD QUESTION

Front

If Malaysia's inflation rate decreases, what will happen to the demand for US goods and services?

Back

Decrease

4.

FLASHCARD QUESTION

Front

How can the government of a foreign country influence the equilibrium exchange rate?

Back

Impose forex barriers, impose foreign trade barriers, intervene by buying and selling currency.

5.

FLASHCARD QUESTION

Front

How does the foreign exchange market react to news with future effects according to Hadi?

Back

Based on expectations.

6.

FLASHCARD QUESTION

Front

Factors that affect forex rates: a. Relative Price Level b. Relative Inflation Rate c. Relative Income Level d. Government Expenditure e. Relative to GDP

Back

Relative Inflation Rate, Relative Income Level, Government Expenditure

7.

FLASHCARD QUESTION

Front

Reasons for government intervention in the foreign exchange market.

Back

Establish implicit exchange rate boundaries

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