The basis for dividing European option and American option is()
A. The time of exercising the option
B. The content of transaction
C. The place of transaction
Difference between strike price and spot exchange rate
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The exchange rate quotation for “fixed foreign currency unit and variable domestic currency units” is()
A. US Dollar Quotation
B. Indirect Quotation
C. Direct Quotation
D. Multiple Rate
The basic conditions for a foreign currency to become the foreign exchange mainly include()
A. The compensability
B. The liquidity
C. The free convertibility
D. The acceptability
The following()economic factors may be the causes of disequilibrium in a country’s balance of payments
A. national Income and its changes
B. imbalance of industrial structure
C. loose monetary policy
D. ”hot money” in the international capital market
When a country under a fixed exchange rate regime has a deficit in the balance of payments, the monetary authority could change in money supply, and further affect economic indicators via the followin
A. price – coinage flow
B. income adjustment
C. interest rate adjustment
D. currency-price