第十章测试
1.The BOP is the record of the economic and financial flows that take place over a specified time period between non-residents and non-residents of a given country. ( )
A:True B:False
答案:B
2.Convertibility is the most important characteristic of the foreign exchange. ( )
A:True B:False 3.International exchange results from the creditor's right relationship caused by import and export trade. ( )
A:True B:False 4.Direct quote is the amount of foreign currency per unit of domestic currency. ( )
A:True B:False 5.The spot exchange market is a market that deals in foreign exchange for immediate delivery. Immediate delivery in foreign currencies usually means within two business days. ( )
A:True B:False 6.With other conditions unchanged, the relationship between forward exchange rate and interest rate is ( ).
A:The forward exchange rate of the currency with low interest rates will depreciate in the future. B:The forward exchange rate of the currency with low interest rates will appreciate in the future. C:The forward exchange rate of the currency with high interest rates will depreciate in the future. D:The forward exchange rate of the currency with high interest rate will appreciate in the future. 7.Which of the following intervening ways of the central bank in the foreign exchange market are considered as‘indirect intervention’? ( )
A:Money supply B:Anticipatory C:Sterilized intervention D:Interest rate 8.As for China, China’s capital inflows will create a __________foreign currency and a __________CNY. ( )
A:Shortage of; demand of B:Supply of; shortage of C:Demand for; supply of D:Supply of; demand of 9.Which of the following transactions is recorded in the financial account? ( )
A:A U.S. tourist spends money on a trip to China. B:A Chinese businessman invest 10 million dollars of equipment in the U.S. to set up a joint venture. C:The New York Yankees are paid $10 million by the Chinese to play an exhibition game in Beijing, China. D:Ford motor company builds a new plant in China. 10.A bank has quoted a spot exchange rate of USD/CHF 1.6030-1.6040 and a 3-month forward spread of 120-130, then the forward exchange rate is ( ).
A:1.5910-1.6910 B:1.6150-1.6170 C:1.4740-1.4830 D:1.7230-1.7340

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