International Business A Managerial Perspective

Business

Quiz 8 :

Foreign Exchange and International Financial Markets

Quiz 8 :

Foreign Exchange and International Financial Markets

Question Type
search
arrow
Which term refers to the price of the foreign currency in terms of the home currency?
Free
Multiple Choice
Answer:

Answer:

A

Tags
Choose question tag
close menu
arrow
Tyler, a U.S. citizen, received a quote on the dollar/yen relationship of ¥108.21/$1. Tyler most likely received a(n) ________ quote.
Free
Multiple Choice
Answer:

Answer:

A

Tags
Choose question tag
close menu
arrow
The equilibrium point between the quantity of a currency supplied and the quantity of the currency demanded is the exchange rate.
Free
True False
Answer:

Answer:

True

Tags
Choose question tag
close menu
arrow
A(n) ________ is the price of the home currency in terms of the foreign currency.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
Foreign exchange rates are usually published daily in most major newspapers.
True False
Answer:
Tags
Choose question tag
close menu
arrow
Carol, an American banker, received a quote between the U.S. dollar and the Japanese yen of $.00924/¥1. Carol most likely received a(n) ________ quote.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The primary purpose of the foreign-exchange market is to ________.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
In a flexible exchange rate system, the price of foreign exchange is established by central banks.
True False
Answer:
Tags
Choose question tag
close menu
arrow
A call option ________.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The price of foreign exchange is set by demand and supply in the marketplace.
True False
Answer:
Tags
Choose question tag
close menu
arrow
Which of the following is not an example of a participant in the foreign exchange market?
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The rising value of the Canadian dollar relative to the U.S. dollar has which of the following effects?
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
During one week in August 2007, the yen rose 4 percent versus the U.S. dollar, 9 percent against the Australian dollar, and 11 percent relative to the New Zealand dollar.
True False
Answer:
Tags
Choose question tag
close menu
arrow
A(n)________ shows the demand for a currency that is derived from foreigners' desire to acquire the country's goods, services, and assets.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The rising value of the Canadian dollar relative to the U.S. dollar makes American goods cheaper to consumers in Canada.
True False
Answer:
Tags
Choose question tag
close menu
arrow
What most likely happens when the price of yen falls?
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The price of foreign exchange is set by ________.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
The world's largest trading markets include which one of the following?
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
Worldwide volume of foreign exchange trading is about ________ per day.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
arrow
________ is a commodity that consists of currencies issued by countries other than one's own.
Multiple Choice
Answer:
Tags
Choose question tag
close menu
Showing 1 - 20 of 125