Exchange Difference is：（ ）
A: The difference between two different currencies.
B: The difference calculated from reporting the same number of units of a foreign currency, in the presentation currency, at different exchange rates.
C: The average difference between the exchange rate at the beginning and end of a period.
A: The difference between two different currencies.
B: The difference calculated from reporting the same number of units of a foreign currency, in the presentation currency, at different exchange rates.
C: The average difference between the exchange rate at the beginning and end of a period.
举一反三
- The difference between a free floating exchange rate and a managed floating exchange rate is A: under managed float government intervention plays a role in determining the exchange rate. B: free floating exchange rates can only appreciate or depreciate by 5 units per day. C: the equilibrium exchange rate is always higher for managed float rates. D: all of the above
- A goat is ______ from a sheep. What's ______ between them A: difference, different B: different, the difference C: the difference, different
- Which<br/>of these states that the difference in interest rates between two<br/>countries is equal to the percentage difference between the forward<br/>exchange rate and the spot exchange rate?() A: Arbitrage<br/>equilibrium B: Relative<br/>purchasing power parity C: Absolute<br/>purchasing power parity D: Interest<br/>rate parity E: Cross-rate<br/>parity
- 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.
- Exchange rates are prices of different currencies, thereby influenced by demand and supply of currencies.