EXAM 3 Version B BUAD 327 Name rates of floating currencies are determined A. in

Question

EXAM 3 Version B BUAD 327 Name rates of floating currencies are determined A. in currency swaps B. through arbitrage C. by supply and demand D. in the secondary foreign exchange markets 2. Which of the folowing currencies is not part of a floating exchange ra instead? A. The U.S. dollar B. The British pound C. The Hong Kong dollar D. The Japanese yen regime and uses a currency board Which of the following countries has NOT adopted the euro and is also planning on leaving the EU? A. Germany B. Spain C. Britain D. France 3. 4. draws on economic theory to construct sophisticated econometric models for predicting exchange rate movements. A. Efficient market theory B. Inefficient market theory C. Fundamental analysis D. Technical analysis When a country commits itself to converting its domestic currency on demand into another currency at a fixed exchange rate, the country has adopted a system of exchange rates. The appeal behind this arrangement is that the country will only print out enough of its local currency based on the reserve assets that it holds in the foreign currency. A. Fixed B. Pegged C. Floating D. Currency board s 11Pa

Explanation / Answer

Answer 1: Exchange rates of floating currencies are determined by supply and demand.

Answer 2: HongKong Dollar is not a part of floating exchange rate and uses a currency board instead.

Answer 3: Britain has not adopted to Euro and is also planning to leave EU.

Answer 4: Fundamentaly Analysis draws on economic theory to construct sophosticated economic model for predicting exchange rate movements.

Answer 5:Pegged

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.