Question

19-)

For a firm that competes internationally to sell its products, a depreciation of its domestic currency relative to markets where the firm exports goods, should eventually result in ________ sales at home and ________ sales abroad, other things equal.

Select one:

a. greater; greater

b. fewer; greater

c. fewer; fewer

d. greater; fewer

20-)

A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

Select one:

a. swap

b. forward

c. currency

d. spot

22-)

Portfolio investment is capital invested in activities that are ________ rather than made for ________.

Select one:

a. profit motivated; control

b. control motivated; profit

c. short term; the long term

d. long term; profit

Answer 1