A: The currency of the primary economic environment in which the undertaking operates.
B: The national currency of the country where an undertaking is based.
C: Neither of the above.
举一反三
- Which of the following is NOT part of a country's "economic fundamentals"? A: the amount of speculation conducted with a nation's currency B: policies pursued by the nation's government C: the national currency's exchange rate D: policies pursued by the nation's central bank
- Which one of the following is not one of the types of foreign currency derivative used to hedge foreign currency risk? A: Currency futures B: Currency options C: Currency default swaps D: Currency swaps
- Which one of the following statements is the MOST accurate? ( ) A: A depreciation of a country's currency makes its goods more expensive for foreigners. B: An appreciation of a country's currency makes its goods more expensive. C: A depreciation of a country's currency makes its goods cheaper for foreigners. D: A depreciation of a country's currency makes its goods cheaper.
- Which of the following best describes an appreciated currency? A: It takes less of another currency to buy that currency B: The depreciated currency can buy more domestic goods and services C: The value of two currencies has equalized D: It takes more of another currency to buy that currency
- Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which they are sold are known as _________
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The price of one country's currency in units of another currency or commodity is the ________. A: foreign interest rate B: foreign currency exchange rate C: par value D: international rate
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Which of the following is not the currency of foreign currency loan? A: USD B: EUR C: CAD D: JPY
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( ) means that the accounting is based on the measurement of currency with currency stability. A: The time period B: The business entity C: The going-concern D: The monetary unit
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A convertible currency is a currency that may be freely exchanged for______. ( ) A: national currency. B: only silver. C: only copper. D: foreign currencies.
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The principle of selecting the currency of account in the payment for goods in international trade is [ ] A: hard currency for collection and payment B: hard currency for collection and soft currency for payment C: soft currency for collection and hard currency for payment D: soft currency for collection and payment