Euro - Dollar Parity

Euro - Dollar Parity

University

10 Qs

quiz-placeholder

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Euro - Dollar Parity

Euro - Dollar Parity

Assessment

Quiz

English

University

Medium

Created by

Giangg Nguyễn

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do global organizations like the IMF and WTO play in stabilizing exchange rates?

  • They provide subsidies to large corporations

  • They focus solely on inflation control

  • They help countries work together to prevent sudden exchange rate fluctuations

  • They control the exchange rates directly

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence for Vietnam if the Euro becomes weaker compared to the U.S. Dollar?

  • Increased export competitiveness in Europe

Reduced foreign debt servicing costs

Increased revenues from European markets

Higher foreign debt repayments for Vietnam

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did global trade growth change in 2023, according to the World Trade Organization (WTO)?

It significantly declined to 0.5%

It increased to 3.5%

It slowed to 1.7% due to exchange rate uncertainties

It remained stable at 2.7%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which international organization can help stabilize exchange rates between countries?

International Monetary Fund (IMF)
World Bank
European Union
United Nations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Bank of England respond to inflation reaching a 41-year high in 2022?

Froze all interest rate adjustments

The Bank of England implemented stricter lending regulations.

Ignored inflation and focused on economic growth

The Bank of England raised interest rates 325 basis points in 2022

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What does ECB stand for?

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Does euro-dollar parity make Vietnamese exports less competitive in the U.S. market?

yes

no

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