Search
.Management Sciences
Category: Foreign Exchange
Given the foreign currency market for the Swiss franc, the supply of franc slopes upward, because as the dollar price of the franc rises ?
0
A. America’s demand for Swiss merchandise rises
B. America’s demand for Swiss merchandise falls
C. Switzerland’s demand for American merchandise rises
D. Switzerland’s demand for American merchandise falls
If Sweden’s currency depreciates relative to Norway’s currency ?
A. Norway’s export goods become more expensive to Norway’s residents
B. Norway’s exports goods become cheaper to Sweden’s residents
C. Sweden’s export goods become cheaper to Norway’s residents
D. Sweden’s export goods become cheaper to Sweden’s residents
The rise in value of one currency relative to another is ?
A. a weakening of a currency
B. A depreciation of a currency
C. An appreciation of a currency
D. a debasement of a currency
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
Recent Comments