A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.A．there is no self-correcting mechanismB．currency values become unstableC．the value of the reserve currency declinesD．world inflation increases

题目

A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.

A．there is no self-correcting mechanism

B．currency values become unstable

C．the value of the reserve currency declines

D．world inflation increases

更多“A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.A．there is no self-correcting mechanismB．currency values become unstableC．the value of the reserve currency declinesD．world inflation increases”相关问题

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The term foreign exchange is best defined by the following statement: it is ______.A．the rate of exchange between two currenciesB．synonymous with currency exchangeC．the place in which foreign currencies are exchangedD．an instrument such as paper currency, note, and check used to make payments between countries

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第2题

听力原文：In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date.(7)A．A forward transaction is done on a future date.B．A forward purchase is to buy foreign currency in future.C．A forward purchase is to buy a foreign currency with settlement on a future date.D．A forward transaction is to buy a foreign currency on future date.

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第3题

听力原文：A currency swap is a second technique for hedging long-term transaction exposure to exchange rate fluctuations.(10)A．A currency swap is a better way to convert the long-term transaction into a spot transaction.B．A currency swap makes long-term transaction exposure to exchange rate fluctuations.C．A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations.D．A currency swap can in no way reduce the risk of exchange rate fluctuations.

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第4题

听力原文：Typical foreign exchange transactions involve trades of one currency for another in the spot or cash market, or forward transactions.(3)A．Forward transactions is not of typical foreign exchange transactions.B．Typical foreign exchange transactions occur in the spot or cash market.C．Forward transactions don't occur in the spot or cash market.D．Typical foreign exchange transactions occur only in the spot market.

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第5题

短文理解听力原文： Spot transaction means the actual and variable amount of the currency of one country which at any given time, can be bought for a fixed sum in the currency of another country. It is a term meaning that these transactions are settled on the second working day from the date of the deal. For example, you buy $ 5,000.00 US dollars on October 10th( say Wednesday) , the purchased US dollars will value on October 12th.21. What does spot transaction mean?22.When are the spot transaction settled?23.What's the value date for purchase of $ 5,000.00 US dollars in the passage?(21)A．It means that at any time you can buy currency of one country for another currency.B．It means that the actual and variable amount of one currency can be bought for a fixed sum in another currency at any given time.C．It means that any kind of currency can be bought at any time for another currency.D．It means that the actual and fixed amount of the currency of one country at any time can be bought for a variable sum in the currency of another currency.

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第6题

In the 1970s among the developed countries, Britain maintained the lowest _____ rate and the highest _____ rate.A.inflation, growthB.growth, inflationC.growth, divorceD.growth, birth

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第7题

The price in the foreign exchange market is called ______.A．the trade surplusB．the exchange rateC．the money priceD．the currency rate

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A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.A．there is no self-correcting mechanismB．currency values become unstableC．the value of the reserve currency declinesD．world inflation increases

题目

更多“A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.A．there is no self-correcting mechanismB．currency values become unstableC．the value of the reserve currency declinesD．world inflation increases”相关问题

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