• 2021-04-14
    Foreign currencies that are deposited in banks outside the home country are known as _________
  • Eurocurrencies.

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      Experiencing culture shock upon returning home after spending time in a foreign country is known as: ( )。 A: Culture Shock Returns B: Culture Shock C: Culture Shock Part 2 D: Reverse Culture Shock

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      The International Monetary Fund A: buys foreign securities B: can lend a country currencies to meet a surplus in its merchandise trade balance C: holds a pool of currencies D: developed to help the Federal Reserve control S. investments abroad

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      People are only able to exchange currencies in foreign exchange market.

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      9,Authorities also use a third option called open market operations to _______ or contract the money supply in the country’s banking system. It involves buying and selling of government securities like bonds or foreign currencies in the open market.

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      International businesses use foreign exchange markets for all of the following reasons except: A: to receive payments from foreign investments that may be in foreign currencies B: to pay a foreign company for its products or services in its country's currency C: to invest for short terms in money markets when they have spare cash D: to cover themselves from all risks involved in currency speculation