PTS:132.Which of the following is true?
PTS:134.Which currency is used the most to denominate Eurobonds?
PTS:135.When the foreign exchange market opens in the U.S. each morning, theopening exchange rate quotations will be based on the:a.closing prices in the U.S. during the previous day.b.closing prices in Canada during the previous day.c.prevailing prices in locations where the foreign exchange markets have been open.d.officially set by central banks before the U.S. market opens.ANS:C
PTS:136.The U.S. dollar is not ever used as a medium of exchange in:
PTS:137.Which of the following is not true regarding the Bretton Woods Agreement?