
Unit 5: Foreign exchange
Quiz
•
English
•
University
•
Practice Problem
•
Easy
40. -11T1
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22 questions
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1.
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1 min • 1 pt
The market in which currencies are bought and sold and in which currency prices are determined is called the....
2.
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1 min • 1 pt
The practice of insuring against potential losses that result from adverse changes in exchange rates is called...
3.
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1 min • 1 pt
.... is the instantaneous purchase and sale of a currency in different markets for profit
4.
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1 min • 1 pt
... is the purchase or sale of a currency with the expectation that its value will change and generate a profit
5.
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1 min • 1 pt
In a quoted exchange rate, the currency with which another currency is to be purchased is called the...
6.
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1 min • 1 pt
In a quoted exchange rate, the currency that is to be purchased with another currency is called the....
7.
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1 min • 1 pt
The exchange rate requiring delivery of the traded currency within two business days is called the...
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