A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency
Related Mcqs:
- Name the money of county that is expected to drop in value relative to other currencies?
A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency - Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?
A. Pagged exchanged rate
B. Fixed exchange rate
C. Relative exchange rate
D. Knotted exchange rate - What is called that bank which regularly accepts foreign currency-denominated deposits and makes foreign currency-denominated deposits and makes foreign currency loans ?
A. Eurobank
B. Foreign bank
C. International Bank
D. Multinational Bank - There is method by which one currency is bought, sold or valued in terms of other currencies, gold or accounting units such as the Special Drawing Right of IMF. What is it called ?
A. Currency exchange
B. Currency value
C. Currency value
D. Exchange rate - 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 - If export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency a depreciation of the dollar during the currency contract period ?
A. should increase the dollar value of exports
B. should not have any effect on the dollar value of U.S imports
C. must increase the balance of trade
D. All of the above - In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
A. decrease; depreciate
B. decrease; appreciate
C. increase; depreciate
D. increase; appreciate - All currencies other than the domestic currency of a given country are referred to as ?
A. hard currency
B. foreign exchange
C. reserve currencies
D. near monies - The fall in value of one currency relative to another is ?
A. a depreciation of a currency
B. a strengthening of a currency
C. a floating of a currency
D. an appreciation of a currency - 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
