题目内容

If the forward rate is above the present spot rate, the foreign currency is said to be at a forward discount with respect to the domestic currency. ()

查看答案

搜索结果不匹配？点我反馈

更多问题

If the positive interest rate differential in favor of a foreign monetary center is 4 percent per year and the foreign currency is at a forward discount of 3 percent per year, roughly how much would an interest arbitrageur earn from the purchases of foreign three-month treasure bills if he or she covered the foreign exchange risk? ( )

A. 4%
B. 3%
C. 1%
D. 7%

查看答案

The foreign exchange market is the market in which individuals, firms, and banks buy and sell foreign currencies or foreign exchange. ()

查看答案

For a small nation ( )

A. the foreign supply of exports is horizontal
B. the domestic demand for imports is horizontal
C. the foreign supply for imports is horizontal
D. the foreign supply of exports is vertical

查看答案

While adjustment under a flexible exchange rate system relies on changing the external value of the national currency, adjustment under the gold standard relies on changing internal prices in each nation. ()

查看答案