Foreign Exchange

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

A. profit
B. arbitrage
C. spread
D. forward transaction

A. forward transaction
B. spot transaction
C. swap transaction
D. None of the above

A. hedging
B. speculation
C. intervention
D. arbitrage

A. increase in the demand for yen
B. decrease in the demand for yen
C. increase in the supply of yen
D. decrease in the Supply of yen

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

A. letter a credit
B. foreign currency option
C. cable transfer
D. bill of exchange

A. constant
B. inelastic
C. elastic
D. Unitary elastic

A. decrease; depreciate
B. decrease; appreciate
C. increase; depreciate
D. increase; appreciate

A. upward sloping
B. downward sloping
C. vertical
D. any of the above