国际金融英文版习题chapter

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1、WORD格式可编辑INTERNATIONALFINANCEAssignmentProblems(3)Name:Student#:I.Choosethecorrectanswerforthefollowingquestions(onlyONEcorrectanswer)(2creditsforeachquestion,totalcredits2x25=50)1.InterbankquotationsthatincludetheUnitedStatesdollarsareconventionallygivenin__________,whichstatetheforeignc

2、urrencypriceofoneU.S.dollar,suchasabidpriceofSFr0.85/$.A.indirectquoteB.directquoteC.AmericanquoteD.Europeanquote2.Thespotexchangeratepublishedinfinancialnewspapersisusuallythe__________.A.nominalexchangerateB.realexchangerateC.effectiveexchangerateD.equilibriumexchangerate3.Theforeignexc

3、hangereferstothe__________.A.foreignbanknotesandcoinsB.demanddepositsinforeignbanksC.foreignsecuritiesthatcanbeeasilycashedD.alloftheabove4.Thefunctionsoftheforeignexchangemarketcomedownto__________.A.convertingthecurrencyofonecountryintothecurrencyofanotherB.providingsomeinsuranceagainst

4、theforeignexchangeriskC.makingtheforeignexchangespeculationeasyD.OnlyAandBaretrue.5.WhichofthefollowingisNOTtrueregardingtheforeignexchangemarket?A.Itistheplacethroughwhichpeopleexchangeonecurrencyforanother.B.Theexchangeratenowadaysismainlydeterminedbythemarketforces.C.Mostforeignexchang

5、etransactionsarephysicallycompletedinthismarket.D.Alloftheabovearetrue.6.Theworldlargestforeignexchangemarketsare__________respectively.A.London,NewYorkandTokyoB.London,ParisandFrankfurtC.London,HongKongandSingaporeD.London,ZurichandBahrain专业技术资料分享WORD格式可编辑7.TheforeignexchangemarketisNOTe

6、fficientbecause__________.A.monetaryauthoritiesdominatetheforeignexchangemarketandeverybodyknowsthatbydefinition,centralbanksareinefficientB.commercialbanksandotherparticipantsofthemarketdonotcompetewithoneanotherduetothefactthattransactiontakesplacearoundtheworldandnotinasinglecentralize

7、dlocationC.foreignexchangedealershavedifferentpricessuchasbidandaskpricesD.Noneofthereasonslistedarecorrectbecausetheforeignexchangemarketisanefficientmarket8.__________earnaprofitbyabid-askspreadoncurrenciestheybuyandsell.__________ontheotherhand,earnaprofitbybring