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
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
举一反三
- In order to prevent home currency from appreciating, a central bank need _________。( ) A: sell domestic currency B: purchase domestic currency C: purchase foreign currency D: issue more money
- the bid price is the price that A: the quoting bank is willing to sell a unit of foreign currency B: the quoting bank is willing to buy a unit of foreign currency C: the buyer is willing to buy a unit of foreign currency D: the seller is willing to sell a unit of foreign currency
- 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 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
- The drop in value of a currency pegged to gold or another currency is known as ________. A: revaluation B: depreciation C: deterioration D: devaluation