Match the Following

Question 167

Matching

Match the following:

Premises:

Responses:

Forward exchange rate

Rates established by treaty after WWII under which nations agreed to maintain constant exchange rates with the US dollar

Results when a foreign subsidiary's financial statements are consolidated into U.S. dollars after the dollar has strengthened against the foreign currency

An exchange rate quoted for delivery of a currency at a future date

The number of units of a foreign currency needed to buy one U.S. dollar

Premises:

Forward exchange rate

Responses:

Rates established by treaty after WWII under which nations agreed to maintain constant exchange rates with the US dollar

Results when a foreign subsidiary's financial statements are consolidated into U.S. dollars after the dollar has strengthened against the foreign currency

An exchange rate quoted for delivery of a currency at a future date

The number of units of a foreign currency needed to buy one U.S. dollar

Correct Answer:

Premises:

Responses:

Rates established by treaty after WWII under which nations agreed to maintain constant exchange rates with the US dollar

Results when a foreign subsidiary's financial statements are consolidated into U.S. dollars after the dollar has strengthened against the foreign currency

An exchange rate quoted for delivery of a currency at a future date

The number of units of a foreign currency needed to buy one U.S. dollar

Related Questions

Q161: Exchange rates move as a direct result

Q162: During the European Sovereign Debt Crisis in

Q163: Under a floating exchange rate system:
A)The

Q164: A country's currency that is not convertible

Q165: A Eurobond is denominated in a currency

Q166: If the U.S. dollar were to strengthen

Q168: If the U.S. dollar strengthens:
A)Imported goods

Q169: Contagion refers to a country's financial crisis

Q170: Governments have the ability to buy and