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Exchange Rates Flashcards | StudBud

Explore/Exchange Rates

An exchange rate is:

If the Euro appreciates against the dollar then the dollar has done what against the euro

Exchange Rates

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Questions 10

Answers

1
If the Euro appreciates against the dollar then the dollar has done what against the euro
depreciates
risen
not affected
strengthened
2
An exchange rate is:
the price of one product in terms of another
always appreciating
the price of one currency in terms of another
always depreciating
3
Which factor below does not affect a currency rate
Inequality
Demand for imports
Demand for Exports
Level of FDI
4
Depreciation is:
Weakening of a currency
When demand for exports is very high
a domestic currency buys more of another currency
Strengthening of a currency
5
Which of the below will increase demand for a currency
less speculation
a firm investing in another economy
less exports
lower interest rates
6
when would an economy want a strong currency?
in a recession
in a negative output gap
when unemployment is high
In an economic boom
7
Appreciation is:
a domestic currency buys less of another currency
a domestic currency buys more of another currency
When demand is very low
Weakening of a currency
8
Which of the UK people below would want a Weak Pound?
A small business
A car exporter
an Importer of sugar
A holidaymaker
9
A strong currency means:
imports are cheap and exports are cheap
imports are dear and exports are dear
imports are expesive and exports are cheap
imports are cheap and exports are dear
10
Which of the below will increase the supply of euros
China importing Austrian goods
Austria importing Chinese goods
more demand for european goods
More USA firms investing in Germany