Match the Following

Question 157

Matching

Match the following:

Premises:

Responses:

Translation loss

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

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

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:

Translation loss

Responses:

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

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

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:

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

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

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

Q152: Describe the difference between fixed and floating

Q153: Governments of various countries promote free trade

Q154: The floating exchange rate system has been

Q155: Match the following:

Q156: The theory of comparative advantage is a

Q158: Free trade implies that businesses are at

Q159: TMK International just purchased equipment manufactured in

Q160: Match the following: