Tiêu đề R18 Currency Exchange Rates.pdf ✅

Question #1 of 44 Question ID: 1204898 The spot exchange rate for CHF/EUR is 0.8342 and the 1-year forward quotation is −0.353%. The 1-year forward exchange rate for EUR/CHF is closest to: A) 1.2029. B) 1.2022. C) 0.8313. Question #2 of 44 Question ID: 1204916 The tendency for currency depreciation to increase a country's trade de cit in the short run is known as the: A) Marshall-Lerner e ect. B) absorption e ect. C) J-curve e ect. Question #3 of 44 Question ID: 1204890 If the exchange rate value of the CAD goes from USD 0.60 to USD 0.80, then the CAD: A) depreciated and Canadians will nd U.S. goods cheaper. B) depreciated and Canadians will nd U.S. goods more expensive. C) appreciated and Canadians will nd U.S. goods cheaper. Question #4 of 44 Question ID: 1204918 Under the absorption approach, which of the following is least likely required to move the balance of payments towards surplus? A) Increased savings relative to domestic investment. B) Decreased domestic expenditure relative to income. C) Su cient elasticities of export and import demand.
Question #5 of 44 Question ID: 1204878 In the currency market, traders quote the: A) real exchange rate. B) base currency rate. C) nominal exchange rate. Question #6 of 44 Question ID: 1204902 The spot CHF/EUR exchange rate is 1.2025. If the 90-day forward quotation is +0.25%, the 90-day forward rate is closest to: A) 1.2050. B) 1.2000. C) 1.2055. Question #7 of 44 Question ID: 1204880 The di erence between Country D's nominal and real exchange rates with Country F is most closely related to: A) the risk-free interest rates of the two countries. B) the ratio of the two countries’ price levels. C) Country D’s in ation rate. Question #8 of 44 Question ID: 1204887 The exchange rate for Chinese yuan (CNY) per euro (EUR) changed from CNY/EUR 8.1588 to CNY/EUR 8.3378 over a 3-month period. It is most accurate to state that the: A) EUR has appreciated 2.15% relative to the CNY. B) CNY has depreciated 2.19% relative to the EUR. C) EUR has appreciated 2.19% relative to the CNY. Question #9 of 44 Question ID: 1204909
The spot rate for Japanese yen per UK pound is 138.78. If the UK interest rate is 1.75% and the Japanese interest rate is 1.25%, the 6-month no-arbitrage forward rate is closest to: A) 138.10 JPY/GBP. B) 138.44 JPY/GBP. C) 138.95 JPY/GBP. Question #10 of 44 Question ID: 1204900 The spot exchange rate is 1.1132 GBP/EUR and the 1-year forward rate is quoted as +1349 points. The 1-year forward exchange rate for GBP/EUR is closest to: A) 1.2634. B) 1.1267. C) 1.2481. Question #11 of 44 Question ID: 1204879 An exchange rate at which two parties agree to trade a speci c amount of one currency for another a year from today is called a: A) forward exchange rate. B) real exchange rate. C) spot exchange rate. Question #12 of 44 Question ID: 1204877 Assuming no changes in the prices of a representative consumption basket in two currency areas over the measurement period, changes in the nominal exchange rate: A) are equal to changes in the real exchange rate. B) can be converted to the real exchange rate using interest rates. C) can be extrapolated to calculate interest rates. Question #13 of 44 Question ID: 1204888