GLOBBUS - Ch 4 International Trade and Finance
Authored by Jorge Garza
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9th - 12th Grade
Used 3+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The subject of economics across national boundaries
International Finance
Trade Deficit
Currency
Foreign Exchange
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount by which a country’s imports exceed its exports
International Finance
Trade Deficit
Currency
Foreign Exchange
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unit of metal or paper money used in exchange for goods or services
International Finance
Trade Deficit
Currency
Foreign Exchange
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The transaction method used for making payments between countries; the simultaneous act of buying one currency and selling the other
International Finance
Trade Deficit
Currency
Foreign Exchange
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The current price of one currency in relation to another
International Finance
Trade Deficit
Currency
Exchange Rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a currency is determined by supply and demand for a currency relative to other currencies
Forward Rate
Spot Rate
Fixed Exchange Rate
Floating Exchange Rate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the government (central bank) of a country decides what its currency will be worth relative to other currencies
Forward Rate
Spot Rate
Fixed Exchange Rate
Floating Exchange Rate
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