()means the price of one unit foreign currency in terms of domestic currency.
A: Direct quotation
B: Indirect
quotation
C: American currency
quotation
D: Normal quotation
A: Direct quotation
B: Indirect
quotation
C: American currency
quotation
D: Normal quotation
举一反三
- In a direct quotation, if the foreign currency is appreciating, the exchange rate __________.
- In a direct quotation, if the home currency is appreciating, the exchange rate __________.
- If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.
- Indirect quotation is the price of ___________
- Identify the type of the following quotation:Earlier, the Texas A&M University-Commerce Police Department tweeted there was an event [shooting] outside Greenville, Texas, that "may or not have involved students at this time." A: direct quotation B: partial quotation C: indirect quotation D: No quotation is used.