The franc is said to be selling at a _______ if the spot dollar price is $0.48 and the nine-month forward rate is $0.42 ?

Related Mcqs:

The fall in value of one currency relative to another is ?

A. a depreciation of a currency B. a strengthening of a currency C. a floating of a currency D. an appreciation of a currency...

The theory of international exchange that holds that exchange rates adjust to offset differences in countries inflation rates in the ?

A. price feedback theory B. trade feedback theory C. J-curve theory D. purchasing power parity theory...

Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?

A. 2 francs per dollar B. 1 franc per dollar C. $2 per franc D. $3 per franc...

If the Bank of England reduces the money supply to reduce inflation a floating exchange rate will aid the Bank of England in fighting inflation because ?

A. as the money supply is decreased the interest rate will increase and the price of UK exports will rise and the Price of UK imports will fall B. as the money supply is decreased the interest rate will increase, and the price of UK exports will fall and the price of UK imports will … If the Bank of England reduces the money supply to reduce inflation a floating exchange rate will aid the Bank of England in fighting...

The essential feature of a _______ is that it immediately fixed the rate at which a specified amount of one currency is to be delivered in exchange for a specific amount of another at a future date ?

A. forward contract B. spot contract C. money contract D. bid contract...