chương 8

chương 8

University

119 Qs

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chương 8

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Assessment

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119 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 1 The exchange rate is

A) the price of one currency relative to gold.
B) the value of a currency relative to inflation.
C) the change in the value of money over time.
D) the price of one currency relative to another.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 2 Exchange rates are determined in

A) the money market.
B) the foreign exchange market.
C) the stock market.
D) the capital market.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 3 Although foreign exchange market trades are said to involve the buying and selling of currencies, most trades involve the buying and selling of

A) bank deposits denominated in different currencies.
B) SDRs.
C) gold.
D) ECUs.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 4 The immediate (two-day) exchange of one currency for another is a

A) forward transaction.
B) spot transaction.
C) money transaction.
D) exchange transaction.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 5 An agreement to exchange dollar bank deposits for euro bank deposits in one month is a

A) spot transaction.
B) future transaction.
C) forward transaction.
D) deposit transaction.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 6 Today 1 euro can be purchased for $1.10. This is the

A) spot exchange rate.
B) forward exchange rate.
C) fixed exchange rate.
D) financial exchange rate.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Câu 7 In an agreement to exchange dollars for euros in three months at a price of $0.90 per euro, the price is the

A) spot exchange rate.
B) money exchange rate.
C) forward exchange rate.
D) fixed exchange rate.

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