Exam (elaborations)
D311 Exam with Latest Update Questions and 100% Correct Answers
- Course
- Institution
D311 Exam with Latest Update Questions and 100% Correct Answers
[Show more]
Content preview
D311 Exam with Latest Update Questions and100% Correct Answers
The component of NAFTA that ensures goods and services originate in North America to get
access to lower tariffs is known as which of the following? - ✔✔Rules of origin
Which group was established following World War II to promote international peace and
security and now also deals with economic development, antiterrorism, and humanitarian
movements? - ✔✔United Nations
Saudi Arabia has historically performed the role of the dominant supplier in influencing oil
supply and pricing. This demonstrates which of the following? - ✔✔OPEC price controls and
politics
Money denominated in the currency of another nation or group of nations is known as which of
the following? - ✔✔Foreign exchange
Companies most often use two or more currencies in which type of transactions? -
✔✔Foreign transactions
All of the following except ________ are considered global over-the-counter market (OTC)
foreign exchange instruments. - ✔✔Credit swap
Which currency is used in four of the top seven most frequently traded currency pairs? -
✔✔The U.S. dollar
The difference between the bid and offer rates in the spot market is known as the ________
and represents the dealer's profit. - ✔✔Spread
, The number of dollars per unit of foreign currency is known as which of the following? -
✔✔Direct quote
Which of the following platforms is most often used to trade euro/dollar futures and options? -
✔✔Liffe Connect
All of the following EXCEPT ________ are considered major exchanges that deal in foreign
currency. - ✔✔NAFTA
Why do companies enter the foreign-exchange market? - ✔✔To facilitate regular business
transactions
Which of the following requires payment to be made when it is presented? - ✔✔Sight draft
Which of the following was created at a meeting between the major allied governments toward
the close of World War II in an effort to bring economic stability and growth to the postwar
world? - ✔✔International Monetary Fund
Which of the following established a par value for each currency initially quoted in terms of
gold and the United States dollar? - ✔✔Bretton Woods Agreement
A country takes all of its currency out of circulation and replaces it with dollars. This illustrates
which of the following examples of a hard peg? - ✔✔Dollarization of currency
Which of the following is the best definition for dollarization of the currency? - ✔✔Using the
dollar as an exchange arrangement with no separate legal tender
Which of the following was set up as a means of creating exchange-rate stability within the
European Community? - ✔✔European Monetary System
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now