Financial Assets - #2

Charlotte is planning a trip to Europe and needs to convert her US dollars into euros. What is the process called when she converts the currency of one country into the currency of another country?

• Money

• Foreign Exchange

• Exchange Rate

• Floating Exchange Rates

Grace is planning a trip to Europe and wants to know how much of the local currency she can get for one unit of her home currency. What is this concept called?

• Money

• Foreign Exchange

• Exchange Rate

• Floating Exchange Rates

Grace is studying different economic systems and comes across a system where currency values are determined by supply and demand. What is this system called?

• Money

• Foreign Exchange

• Exchange Rate

• Floating Exchange Rates

Avery and Zoe are studying how a network of banks and other financial institutions that buy and sell different currencies from various countries make up the foreign exchange market.

• True

• False

Mia is considering buying a contract that allows her to purchase euros in the future at today's exchange rate. What type of contract is she looking at?

• Currency Future

• Exchange Controls

• Cryptocurrency

• Hard Currency

Rohan is interested in a digital currency where transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. What type of currency is Rohan interested in?

• Currency Future

• Exchange Controls

• Cryptocurrency

• Hard Currency

Abigail is studying how governments manage their national currency. She learns that government restrictions to regulate the amount and value of a nation's currency is the

• Currency Future

• Exchange Controls

• Cryptocurrency

• Hard Currency

During a class discussion, Mason asked, "What was the first blockchain-based cryptocurrency that still remains the most popular and most valuable?"

Mia is studying about international organizations that provide economic assistance to less developed countries. Which bank is known for this major function?

• World Bank

• TD Bank

• International Finance Corp

• International Hope Fund

Elijah is researching organizations that provide capital and technological assistance to businesses in nations with limited resources. Which organization should he consider?

• World Bank

• TD Bank

• International Finance Corp

• International Monetary Fund