Session 5 - Financial Forces

Session 5 - Financial Forces

University

10 Qs

quiz-placeholder

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Session 5 - Financial Forces

Session 5 - Financial Forces

Assessment

Quiz

Business

University

Medium

Created by

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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