Unit 5: foreign exchange

Unit 5: foreign exchange

University

22 Qs

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Unit 5: foreign exchange

Unit 5: foreign exchange

Assessment

Quiz

Business

University

Easy

Created by

Nguyễn Anh

Used 6+ times

FREE Resource

22 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

The market in which currencies are bought and sold and in which currency prices are determined is called the ______

2.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

The practice of insuring against potential losses that result from adverse changes in exchange rates is called _______

3.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

_________ is the instantaneous purchase and sale of a currency in different markets for profit

4.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

______ is the purchase or sale of a currency with the expectation that its value will change and generate a profit

5.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

In a quoted exchange rate, the currency with which another currency is to be purchased is called the _______

6.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

In a quoted exchange rate, the currency that is to be purchased with another currency is called the _______

7.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

The exchange rate requiring delivery of the traded currency within two business days is called _______

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