A) sale of a U.S. company to a Dutch investor. B) sale of U.S. made automobiles to Vietnamese consumers. C) purchase of Korean televisions by an American distributor.
Q11. Phil Howell, a foreign exchange trader, makes the following two statements about foreign exchange rates: Statement 1: A decrease in the expected future exchange value of a currency will increase supply and decrease demand for that currency. Statement 2: Interest rate parity (IRP) is the idea that exchange rates will adjust to reflect the difference in inflation rates between different countries. With respect to these statements: A) both are correct. B) both are incorrect. C) only one is correct.
Q12. Which one of the following factors will most likely cause a country’s domestic currency to appreciate on the foreign exchange market? An increase in: A) its exports relative to its imports. B) the real rate of interest in others countries. C) its domestic rate of inflation.
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发表于 2009-1-13 11:18
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