ECON5327_Quiz2_SS09_key

ECON5327_Quiz2_SS09_key - ECON 5327 Quiz#2 1 Which of the...

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ECON 5327 Quiz #2 1. Which of the following is not a credit on the domestic capital account? a. Canadian resident buys a domestic bond. b. Japanese mutual fund buys shares of Intel stock for its portfolio. c. American firm purchases German bonds to hedge foreign exchange risk. d. None of the above. 2. Which of the following is not a credit on the domestic current account? a. German resident buys a Cadillac. b. American firm purchases Beanie Babies from Chinese manufacturer. c. Japanese firm buys Intel CPUs for its computers. d. None of the above. 3. If the exchange rate is defined as $/FC, then a fall in the exchange rate; a. Represents a domestic depreciation. b. Represents a domestic appreciation. c. Represents a foreign appreciation. d. None of the above. 4. The foreign exchange (FOREX) market is open, a. Monday through Friday 9:00 a.m. – 4:30 p.m. EST. b. Every day except Christmas and New Years. c. Six days a week 52 weeks per year.
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ECON5327_Quiz2_SS09_key - ECON 5327 Quiz#2 1 Which of the...

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