exchange rates

exchange rates

1st - 3rd Grade

8 Qs

quiz-placeholder

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exchange rates

exchange rates

Assessment

Quiz

Education, Other

1st - 3rd Grade

Practice Problem

Medium

Created by

Iwo Jaworski

Used 1+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if the government increases the supply of national currency on FOREX

appreciation

depreciation

revaluation

devaluation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

most of countries use what type of exchange rate system?

floating

fixed

funny

managed

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

which from the below are not considered to be advantages of high exchange rate? multiple choice

greater exports

cheaper imports

improved quality of domestically produced goods

inflationary pressure

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What happens when US inflation rates are higher than in EU?

US exports increase

EURO exchange rate in terms of USD increases

Imports from EU are more competitive

Prospects for savings in EU are improving

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What happens if US interest rates increase?

prospects for saving in US improve

USD appreciates

USD depreciates

EU investment prospects improve

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HL: USD is currently worth 0.8EUR,

What is the rate for 1EUR in terms of USD?

2 USD

0.5 USD

1.25 USD

1.45 USD

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the advantages of low exchange rate?

Greater exports

Greater imports

Inflationary pressure

unemployment

8.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which from the below are not disadvantages of fixed exchange rate?

business confidence

worsening of international relations

misuse of manipulating interest rates

price stability