Consider Table 1. Concerning the Tuesday quotations: compared to the cost of buying 100 pounds on the spot market, if 100 pounds were bought for future delivery in 180 days the dollar cost of the pounds would be:
A. $3.40 higher
B. $3.40 lower
C. $6.80 higher
D. $6.80 lower
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Consider Table 1. If one were to sell dollars for immediate delivery, on Tuesday the pound cost of each dollar would be:
A. 0.7008 pounds per dollar
B. 0.7037 pounds per dollar
C. 1.4270 pounds per dollar
D. 1.4211 pounds per dollar
Consider Table 1 to answer Question 2 – 5. Table 1: Foreign Exchange QuotationsU.S. DollarEquivalentCurrency PerU.S. DollarTuesdayMondayTuesdayMondayBritain (Pound)1.42701.43900.70080.694930-day Forward1.42111.43330.70370.697760-day Forward1.40901.42200.70970.7032180-day Forward1.39301.40700.71790.7107Consider Table 1. If one were to buy pounds for immediate delivery, on Tuesday the dollar cost of each pound would be:
A. $0.7008
B. $0.7037
C. $1.4211
D. $1.4270
In August 1982, which of the following countries declared that it was unable to service its foreign debt and thereby triggered a long-lasting crisis in international lending?
A. The United Kingdom
B. The United States
C. Thailand
D. Mexico
Since 2000 developing countries received large net capital inflows in the form of:
A. Foreign direct investments.
B. Short-term lending.
C. Official loans from foreign governments and the IMF.
Debt service.