Match the Following

Question 155

Matching

Match the following:

Premises:

Responses:

Indirect quote

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

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

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

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

Premises:

Indirect quote

Responses:

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

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

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

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

Correct Answer:

Premises:

Responses:

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

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

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

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

Related Questions

Q150: Why don't firms avoid exchange rate risk

Q151: The New York Pasta Company invested $8.5

Q152: Describe the difference between fixed and floating

Q153: Governments of various countries promote free trade

Q154: The floating exchange rate system has been

Q156: The theory of comparative advantage is a

Q157: Match the following:

Q158: Free trade implies that businesses are at

Q159: TMK International just purchased equipment manufactured in

Q160: Match the following:

Unlock this Answer For Free Now!