A convertible currency is a currency that may be freely exchanged for______. ( )
A: national currency.
B: only silver.
C: only copper.
D: foreign currencies.
A: national currency.
B: only silver.
C: only copper.
D: foreign currencies.
举一反三
- If a foreign county experiences a hyperinflation,( ) A: its currency will depreciate against stable currencies. B: its currency may appreciate against stable currencies. C: its currency may be unaffected—it's difficult to say. D: none of the above
- Foreign currency can be exchanged in any 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
- Foreign currency can be exchanged in any bank. A: 正确 B: 错误
- When you need foreign currency, you may ask the bank clerk: How will the currency be ___________?