国际金融期末复习资料1

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1、IFSeminar–MultipleChoices1.The________istherateatwhichonecurrencyisconvertedinanother.A)exchangerateB)currencymarketC)foreignexchangemarketD)currencyswaprate2.Ifacompanyexpectsthe________relativetothe¥,thecompanymightinvest$10millionandreceive¥1.2billion.(Assumean

2、exchangerateof$1=¥120).A)dollartoappreciateB)dollartodepreciateC)dollartobeundervaluedD)yentobeovervalued3.Whenforeignexchangedealersexpectthedollartoappreciateagainstanothercurrency,thedollarA)thedollarissellingatadiscountB)thedollarissellingatapremiumC)thedealer

3、sexpectthedollartodepreciaterelativetotheforeigncurrencyD)thedollarwillbuylessforeignexchange4.Whentwopartiesagreetoexchangecurrencyandexecutethedealatsomespecificdateinthefuturea___occurs.A)spottransactionB)currencyswapC)forwardexchangeD)currencyspeculation5.Thei

4、ncreaseofdemandforacurrencyrelativetoothersA)causesthecurrencytodepreciateB)causesthecurrencytoappreciateC)causesthecurrencytogodowninvalueD)createsavolatilecurrencysituation6.Whichofthefollowingisnotanimportantvehiclecurrency?A)theJapaneseyenB)theSwissfrancC)theB

5、ritishpoundD)theEuro7.IfJapanisexperiencingrampantpriceinflation,andEuropeanUnionnationsareexperiencingalowinflationrate,thenA)theyenwouldbeexpectedtodepreciaterelativetotheeuroB)theyenwouldbeexpectedtoappreciaterelativetotheeuroC)PPPwouldsuggestthatJapanwouldseep

6、ricesfallD)PPPwouldsuggestthatJapanwouldseepricesrise18.PPPtheorypredictsthatexchangeratesaredeterminedbyA)inflationratesB)relativepricesC)supplyanddemandD)government9.Theformulai=r+πisknownasA)PPPB)theEfficientMarketTheoryC)theInternationalFisherEffectD)theFisher

7、Effect10.The_______schoolofthoughtdoesnotbelievethatforwardexchangeratesarethebestpossiblepredictorsoffuturespotrates.A)efficientmarketB)inefficientmarketC)FishereffectD)InternationalFishereffect11.Acountry'scurrencyissaidtobe______whenthecountry'sgovernmentallows

8、bothresidentsandnonresidentstopurchaseunlimitedamountsofaforeigncurrencywithit.A)externallyconvertibleB)freelyconvertibleC)internallyconvertibleD)noncon