When the home currency price of a certain fixed quantity of the foreign currency is quoted,it is referred to as the
A) indirect quotation
B) direct quotation
C) European quotation
D) American quotation
Correct Answer:
Verified
Q1: Exports of goods and services by the
Q3: When an importer goes long in the
Q4: overwhelming majority of foreign exchange transactions involve
A)multinational
Q5: Traders on the foreign exchange market use
Q6: The spot and 30-day forward rates for
Q7: world's largest currency trading market is
A)New York
B)Frankfurt
C)Tokyo
D)London
Q8: When exchange rates are quoted as the
Q9: What is the name of the foreign
Q10: Suppose the spot direct quotes for the
Q11: The risk that a central bank will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents