UNIT 5: FOREIGN EXCHANGE

UNIT 5: FOREIGN EXCHANGE

University

22 Qs

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UNIT 5: FOREIGN EXCHANGE

UNIT 5: FOREIGN EXCHANGE

Assessment

Quiz

English

University

Practice Problem

Easy

Created by

Bình Nguyễn

Used 7+ times

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22 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The market in which currencies are bought and sold and in which currency prices are determined is called the ______.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The practice of insuring against potential losses that result from adverse changes in exchange rates is called ______.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

______ is the instantaneous purchase and sale of a currency in different markets for profit.

4.

FILL IN THE BLANK QUESTION

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.

FILL IN THE BLANK QUESTION

1 min • 1 pt

In a quoted exchange rate, the currency with which another currency is to be purchased is called the___________

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

In a quoted exchange rate, the currency that is to be purchased with another currency is called the _____.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The exchange rate requiring delivery of the traded currency within two business days is called the ______.

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