Which of the followings belong to the foreign exchange in a narrow sense（）
A. Bank draft denominated foreign currency
B. Check denominated in foreign currency
C. Foreign exchange bank deposit
D. Special Drawing Rights （SDR）
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Which of the followings do not belong to the foreign exchange in a narrow sense（）
A. Bank draft and check in foreign currency
B. Special Drawing Rights （SDR）
C. Foreign currency securities
D. Foreign currency
Under the indirect quotation, the fluctuation of exchange rate is expressed by（）
A. Changes in the amount of local currency
B. Changes in the amount of foreign currency
C. Decrease in the amount of local currency and increase in the amount of foreign currency
D. Increase in the amount of local currency and decrease in the amount of foreign currency
The transaction that take the opposite trading behavior in the spot market and futures market is（）
A. Hedging transaction
B. Swap transaction
C. Option transaction
D. Spot transaction
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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