Which of the following best describes the 'commodity' currency in an FX quote?
A) The currency in whose terms the quote is being expressed.
B) The currency whose price is given in the exchange rate.
C) The currency that is actually going to be exchanged.
D) None of the above.
Correct Answer:
Verified
Q19: In foreign currency trading, 'hedging' means:
A) eliminating
Q20: Interest rate parity (IRP) implies that:
A) international
Q21: As the exchange rate depreciates, the aggregate
Q22: Globalisation is widely recognised as counteracting the
Q23: As the exchange rate declines:
A) the aggregate
Q25: The country with the highest weight in
Q26: Which of the following is NOT true?
A)
Q27: Sterilised intervention by the RBA in the
Q28: An exchange rate is defined as the
Q29: Suppose an Australian importer buys manufacturing equipment
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