
UNIT 5: FOREIGN EXCHANGE
Authored by Việt Lê
English
University
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18 questions
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1.
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1 min • 1 pt
Money or currency of a foreign country
2.
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1 min • 1 pt
The market in which currencies are bought and sold and in which currency prices are determined
3.
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1 min • 1 pt
The rate at which one currency is exchanged for another
4.
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1 min • 1 pt
An exchange rate requiring delivery of the traded currency within two business days
5.
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1 min • 1 pt
An exchange rate at which two parties agreed to exchange currencies on a specified future date
6.
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1 min • 1 pt
The practice of insuring against potential losses that result from adverse changes in exchange rate
7.
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1 min • 1 pt
The instantaneous purchase and sale of a currency in different markets for profit
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