Reading 18: Currency Exchange Rates - LOS a, (Part 2) ～ Q white, black, color, class

mayanfang1

Q1. If the exchange rate is JPY120/USD1, a bottle of rice wine that costs JPY2,400 costs:
     

A)   USD 24.
     

B)   USD 200.
     

C)   USD 20.
     

Q2. Given an indirect quote of 2.2254 CHF/GBP, what is the direct quote?

A)   4.4940 GBP/CHF.

B)   0.4494 GBP/CHF.

C)   0.0449 GBP/CHF.

Q3. In the U.S., the indirect quote of 0.827541 euros per U.S. dollar (EUR/USD) is the equivalent of a direct quote of:

A)   0.0012 USD/EUR.

B)   1.2084 USD/EUR.

C)   0.1208 USD/EUR.

Q4. 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 find U.S. goods more expensive.

B)   depreciated and Canadians will find U.S. goods cheaper.

C)   appreciated and Canadians will find U.S. goods cheaper.

Q5. In Japan, the direct quote of 108.82 Japanese yen per U.S. dollar (JPY/USD) is the equivalent of an indirect quote of:

A)   0.009189 USD/JPY.

B)   0.091895 USD/JPY.

C)   0.918949 USD/JPY.

[此贴子已经被作者于2009-1-13 11:27:16编辑过]

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