题目内容

Foreign exchange banks buy foreign banknotes at a price that is（）than the spot selling price

A. cheaper
B. a few more expensive
C. the same
D. equal to the exchange rate

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The impact of the appreciation of a country’s currency on its import and export revenue is（）

A. exports decrease, imports increase
B. exports increase, imports decrease
C. exports increase, imports increase
D. exports decrease, imports decrease

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Under the indirect quotation, the exchange rate of a local currency to a foreign currency becomes larger and smaller, which respectively means（）

A. appreciation and depreciation of local currency
B. devaluation and appreciation of local currency
C. no relation
D. not sure

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The arbitrageur conducts arbitrage transactions while conducting foreign exchange covering to prevent exchange rate risk is called（）

A. covered arbitrage
B. speculation
C. hedging
D. swap trade

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Exchange rate fluctuations are limited by the cost of gold transportation, and the international balance of payments can be automatically adjusted. This monetary system is（）

A. international gold standard
B. floating exchange rate system
C. Bretton Woods system
D. mixed standard system

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Foreign exchange banks buy foreign banknotes at a price that is（）than the spot selling price

A. cheaper B. a few more expensive C. the same D. equal to the exchange rate

The impact of the appreciation of a country’s currency on its import and export revenue is（）

Under the indirect quotation, the exchange rate of a local currency to a foreign currency becomes larger and smaller, which respectively means（）

The arbitrageur conducts arbitrage transactions while conducting foreign exchange covering to prevent exchange rate risk is called（）

Exchange rate fluctuations are limited by the cost of gold transportation, and the international balance of payments can be automatically adjusted. This monetary system is（）

A. cheaper
B. a few more expensive
C. the same
D. equal to the exchange rate