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D311 CERTIFICATION EXAM LATEST 2024 QUESTIONS WITH 100% SOLVED SOLUTIONS!!

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D311 CERTIFICATION EXAM LATEST 2024 QUESTIONS WITH 100% SOLVED SOLUTIONS!! Which of the following platforms is most often used to trade euro/dollar futures and options? -Answer- Liffe Connect All of the following EXCEPT ________ are considered major exchanges that deal in foreign currency. -A...

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  • January 3, 2025
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D311 CERTIFICATION EXAM LATEST
2024 QUESTIONS WITH 100%
SOLVED SOLUTIONS!!

Which of the following platforms is most often used to trade euro/dollar futures and
options? -Answer- Liffe Connect

All of the following EXCEPT ________ are considered major exchanges that deal in
foreign currency. -Answer- NAFTA

Why do companies enter the foreign-exchange market? -Answer- To facilitate regular
business transactions

Which of the following requires payment to be made when it is presented? -Answer-
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? -Answer- 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? -Answer- 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? -Answer- Dollarization of
currency

Which of the following is the best definition for dollarization of the currency? -Answer-
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? -Answer- European Monetary System

Which of the following determines currency values in a floating world in the absence of
government intervention? -Answer- Supply and demand

Which of the following closely approximates a price based on supply and demand for a
currency, instead of a government-controlled price? -Answer- Black market

Which of the following uses trends in economic variables to predict future rates? -
Answer- Fundamental forecasting

, All of the following can be considered a bias that can skew forecasts EXCEPT which? -
Answer- Use of fundamental predictions of outside forecasters

Marketing managers watch exchange rates because they can affect which of the
following for a company's products? -Answer- Demand

Assessing strategy begins by assessing which of the following? -Answer- Industry
structure

A firm earns higher profits than its rivals when it creates more of which of the following
for its customers? -Answer- Value

Which of the following is part of the value chain that supports exchanges among primary
and support activities? -Answer- Logistics

Which of the following is the special outlook, skill, capability, or technology that runs
through the firm's operations, threading disconnected activities into an integrated value
chain? -Answer- Core competency

Which of the following will have the greatest impact on globalization in the future? -
Answer- robots

Which of the following sets links that integrate and animate value activities? -Answer-
Coordination

The higher the pressure is for ________, the greater the need to concentrate
configuration and standardize coordination. -Answer- global integration

Globalization goes hand-in-hand with which of the following? -Answer- Standardization

Which of the following strategies leverage core competencies around the globe? -
Answer- international strategy

Companies adopt a(n) ________ strategy when by making and selling common
products that vary little to none from country to country. -Answer- global

Which of the following is not one of the top 10 service exports? -Answer- Opening a
coffee shop in a foreign market

A Japanese advertising agency that creates a campaign for a Japanese-based
company that then uses that campaign on a worldwide basis is known as a(n)
________ exporter. -Answer- indirect

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