The market price of one currency in terms of another currency is also known as（）
A. the exchange rate between those currencies
B. the future rate between those currencies
C. the spot market
D. the value of arbitrage
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When international banks conduct daily trades of different currencies valuing in the millions of dollars（）
A. they are using the spot market
B. they are using the forward market
C. they are using the futures market
D. they are using the stock markets
A debit entry in the balance of payments system could be from which of the following（）
A. a payment from abroad received by a domestic resident
B. a payment made while abroad by a domestic resident
C. a decrease in the current account deficit
D. an increase to the capital account surplus
A nation that has a stock of foreign financial assets that exceeds the stock of foreign-owned domestic assets is called a（）
A. net creditor nation
B. net debtor nation
C. surplus nation
D. debtor nation
The real sector of an economy refers to transactions in（）
A. the production and sale of domestic goods and services
B. domestic financial assets
C. the production and sale of domestic and global goods and services
D. domestic and global financial assets
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