The Foreign Exchange Market - Reading
Authored by Casa Mi
English
University
CCSS covered
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What are the characteristics of "The foreign exchange market"?
an organized market
fixed hours
in which national currencies are exchanged.
a physical meeting place
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
CCSS.RL.8.1
CCSS.RI.7.2
2.
MULTIPLE SELECT QUESTION
20 sec • 5 pts
Why has the volume of activity escalated dramatically? (choose 2 correct answers)
in response to the growth in the volume of world trade in goods and services
the primary communication instruments being the telephone and the computer
in response to the expansion of international capital flows
The market has developed rapidly in the past quarter century
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
3.
FILL IN THE BLANKS QUESTION
20 sec • 5 pts
(a) is the world's largest foreign exchange centre.
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.8.5
CCSS.RI.6.5
CCSS.RI.7.5
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Why does the foreign exchange market trade 24 hours a day?
Time zone (time difference)
flexibility
requirements
the large volume of international financial business
5.
FILL IN THE BLANKS QUESTION
20 sec • 5 pts
Foreign exchange trading is divided into _____ _____ ______
(a)
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
CCSS.RI.8.3
6.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What are undertaken for an actual exchange of currencies two business days later?
forward transactions
delivery or settlement
spot transactions
the value date
7.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What does "volatility" mean?
Giao dịch
Sự biến động
Trao đổi
Chênh lệch
Tags
CCSS.RI.11-12.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.9-10.4
CCSS.RI.8.4
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