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Exchange rates
Exchange rates
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StudBud Administration
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Exchange rate quiz
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
dirty floating
is also known as managed floating
means that exchange rates are left to the market
is another word for money laundering
means that there is some central bank intervention
2
Which of these actions increases the supply of dollars?
A Californian buys a German car
A US hotel chain invests in the German market
A Munich student orders books from Amazon.com
3
The price quotation is
used in European newspapers
always higher than the quantity quotation
the inverse of the quantity quotation
4
Assume an exchange rate of 1.3 €/pound. If the value of the pound doubles, it changes to
0.65 €/pound
2.6 €/pound
5
What is the nominal exchange rate?
The price at which goods are exchanged between countries
The rate at which currencies are exchanged
6
an exchange rate of 114 Yen/euro is
quantity quotation, Japanese p.o.v.
quantity quotation, European p.o.v.
price quotation, Japanese p.o.v.
Price quotation, European p.o.v
7
Which of these actions increases the demand for dollars?
An American investor buys French bonds
A German student travels around the USA
An American tourist travels to Italy
A German investor buys US stocks
8
A fixed exchange rate
is determined on the foreign exchange markets
is managed by the central bank
is also known as a floating exchange rate
9
The exchange rate changes from 1.2 $/€ to 1.1 $/€. Which is true?
The dollar has depreciated
The dollar has appreciated
the euro has depreciated
The euro has appreciated
10
Assume an exchange rate of 1.3 €/pound. If the value of the euro doubles, it changes to
2.6 €/pound
0.65 €/pound
