CAPELLA UNIVERSITY BUS4016 UNIT 9 QUIZ 1 LATEST 2015

Jun 24th, 2016
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Question Question 1 4 out of 4 points An exchange rate is simply the rate at which one currency is converted to another. True False Question 2 4 out of 4 points Spot exchange rates change daily as determined by the relative demand for and supply of different currencies. True False Question 3 4 out of 4 points Which of the following pairs correctly matches the country with its currency? a. South Korea, the pound. b. France, the deutsche mark. c. Japan, the yen. d. Great Britain, the franc. Question 4 4 out of 4 points The IMF helped several Asian countries deal with the dramatic decline in the value of their currencies during the Asian financial crisis that started in 1997. True False Question 5 4 out of 4 points What is the term for a system of institutional arrangements that countries adopt to govern exchange rates? a. The international comparative advantage exchange system. b. The international supremacy exchange system. c. The international monetary system.

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CAPELLA UNIVERSITY BUS4016 UNIT 9 QUIZ 1 LATEST 2015Report this Question as InappropriateQuestionQuestion 14 out of 4 pointsAn exchange rate is simply the rate at which one currency is converted to another.TrueFalseQuestion 24 out of 4 pointsSpot exchange rates change daily as determined by the relative demand for and supply ofdifferent currencies.TrueFalseQuestion 34 out of 4 pointsWhich of the following pairs correctly matches the country with its currency?a. South Korea, the pound.b. France, the deutsche mark.c. Japan, the yen.d. Great Britain, the franc.Question 44 out of 4 pointsThe IMF helped several Asian countries deal with the dramatic decline in the value of theircurrencies during the Asian financial crisis that started in 1997.TrueFalseQuestion 54 out of 4 pointsWhat is the term for a system of institutional arrangements that countries adopt to governexchange rates?a. The international comparative advantage exchange system.b. The international supremacy exchange system.c. The international monetary system.d. The international exchange process.Question 64 out of 4 pointsSome countries try to hold the value of their currency within some range against an importantreference currency. This is referred to as what?a. A dirty-float system.b. A contaminated float system.c. A pegged-float system.d. A fixed-variable system.Question 70 out of 4 pointsA firm's __________ can be defined as the actions that managers take to attain t

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