Session 5 - Financial Forces
Quiz
•
Business
•
University
•
Medium
Horacio Flores
Used 141+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An international financial system where exchange rates are fixed to the value of gold:
Bretton Woods Convention System
Fixed Exchange Rate
Floating Exchange Rate
The Gold Standard
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What was the primary purpose of the Bretton Woods Conference and how was it utilized in the international financial system?
To establish a fixed exchange rate system pegged to the value of gold
To promote free trade of goods and services among participating nations
To advocate for the use of cryptocurrency as a global currency
To create a system for international banking.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following international financial system is characterized by exchange rates determined by supply and demand in the foreign exchange market.
Bretton Woods Conference Exchange System
Cryptocurrency as a global currency
Fixed Exchange Rate System
Floating Exchange Rate System
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the primary factors discussed in the TED Talk "What Determines the Value of Our Money"?
Government regulations and legislation of US congress
Supply and demand dynamics, trust, and confidence
Historical trends and cultural influences
Technological advancements and digital currencies
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How does the Federal Reserve influence the value of money, as discussed in the TED Talk "What Determines the Value of Our Money"?
By directly setting the value of the currency through government mandate
By adjusting interest rates and implementing monetary policies
By printing an unlimited supply of physical currency for circulation
By promoting international trade agreements to stabilize currency values
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following currencies are allowed by their central banks to fluctuate freely against each other except for one:
U. S. dollar
British pound sterling
North Korean won
Japanese yen
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following currencies are not allowed by their central banks to fluctuate freely against each other except for one:
Angolan Kwanza
Chilean Peso
North Korean won
Euro
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