Home Library Explore SAT

Home Library Explore SAT

Exchange Rates Flashcards | StudBud

Explore/Exchange Rates

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

An exchange rate is:

Exchange Rates

10 terms·StudBud Administration·413 plays

Imported from external platform

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

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