国际金融（双语）(湖南文理学院)1461867447mooc慕课答案2026年版满分测试WYC

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起止时间:2020-09-19到2021-01-23
更新状态:已完结

国际收支– Chapter Two Payments among Nations 第二次单元测验——外汇市场及汇率理论

1、 If the U.S. dollar is worth 129.68 Japanese yen, then the (one) Japanese yen is worth ____ US dollars.

A:0.007711
B:129.68
C:0.002289
D:354.25
答案: 0.007711

2、 If the Canadian dollar is worth 0.6378 U.S. dollars, then the (one) U.S. dollar is worth ____ Canadian dollars.

A:1.5679
B:0.6378
C:2.2058
D:3.7826
答案: 0.6378

3、 The foreign exchange market is:

A:a single gathering place where traders shout buy and sell orders at each other.
B:a grouping, by electronic means, of banks and traders who work at banks that conduct foreign exchange trades.
C:located in New York.
D:located in London.
答案: a grouping, by electronic means, of banks and traders who work at banks that conduct foreign exchange trades.

4、 ____ foreign exchange trading involves currency exchanges done between individuals.

A:interbank
B:retail
C:special
D:government
答案: retail

5、 ____ foreign exchange trading is foreign exchange trading done between the banks active in the market.

A:interbank
B:retail
C:customer
D:government
答案: interbank

6、 Nearly half of all foreign exchange trading involves banks in _ and _.

A:New York; Frankfurt
B:New York; London
C:London; Frankfurt
D:Tokyo; New York
答案: New York; London

7、 The U.S. dollar is called a ____ because it is often used as an intermediary to accomplish trading between two other currencies.

A:common currency
B:main currency
C:trade currency
D:vehicle currency
答案: vehicle currency

8、 The foreign exchange spot market provides ____ that permit payments to flow between individuals, businesses, and other organizations that prefer to use different currencies.

A:trade services
B:government authority
C:clearing services
D:technological services
答案: clearing services

9、 The main benefit of using a foreign exchange broker is that the broker provides _____ to the trades until an exchange rate is agreed on for a trade.

A:technological resources
B:low-cost information
C:anonymity
D:low-cost trading services
答案: anonymity

10、 Interbank trading is conducted directly between _ or through the use of _ that provide anonymity until the trade is complete.

A:traders; the government
B:traders; brokers
C:individual consumers; the government
D:individual consumers; brokers
答案: traders; brokers

11、 U.S. exports of goods and services will create a _ foreign currency and a _ U.S. dollars.

A:demand for; supply of
B:supply of; demand for
C:shortage of; supply of
D:surplus of; demand for
答案: supply of; demand for

12、 U.S. imports of goods and services will create a _ foreign currency and a _ U.S. dollars.

A:demand for; supply of
B:supply of; demand for
C:shortage of; supply of
D:surplus of; demand for
答案: demand for; supply of

13、 U.S. capital ____ will create a demand for foreign currency and a supply of U.S. dollars.

A:shortages
B:surpluses
C:inflows
D:outflows
答案: outflows

14、 U.S. capital ____ will create a supply of foreign currency and a demand for U.S. dollars.

A:shortages
B:surpluses
C:inflows
D:outflows
答案: inflows

15、 In a ____ exchange rate system there is no intervention by the government or central bankers.

A:fixed
B:floating
C:managed float
D:pegged
答案: floating

16、 As long as a higher exchange rate lowers the quantity demanded, the demand curve for foreign exchange will ____.

A:slope upward
B:slope downward
C:be vertical
D:be horizontal
答案: slope downward

17、 The demand curve for foreign currency slopes downward because as the exchange rate _ the quantity demanded _.

A:increases; decreases
B:decreases; increases
C:Both a. and b.
D:None of the above.
答案: Both a. and b.

18、 The process of buying and selling a currency to make a (nearly) riskless pure profit is known as ____.

A:appreciation of the currency
B:arbitrage
C:forward trading
D:spot trading
答案: arbitrage

19、 ____ ensures that exchange rates in different locations are essentially the same.

A:Appreciation of the currency
B:Arbitrage
C:Forward trading
D:Spot trading
答案: Arbitrage

20、 The process known as ____ takes advantage of an opportunity to make a riskless profit using three exchange rates.

A:forward trading
B:spot trading
C:triangular arbitrage
D:revaluation
答案: triangular arbitrage

21、 ____ a position exposed to rate risk is the act of reducing and eliminating a net asset or net liability position in the foreign currency.

A:Hedging
B:Speculating
C:Selling
D:Buying
答案: Hedging

22、 ____ is the act of taking a net asset position or a net liability position in some asset class.

A:Hedging
B:Speculating
C:Selling
D:Buying
答案: Speculating

23、 A ____ exchange contract is an agreement to exchange one currency for another on some date in the future at a price set now.

A:spot foreign
B:forward foreign
C:spot domestic
D:forward domestic