1、What is not included in foreign exchange according to the Foreign Exchange Control Regulations of the People’s Republic of China (Amended in 2008)?
A、Foreign currency.
B、Bitcoins.
C、Special drawing rights.
D、Foreign currency securities.
2、An asset’s __________ describes the asset’s ability to sell quickly without having to reduce its price to a significant degree.
A、portfolio
B、liquidity
C、management
D、value
3、How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 1.50 dollars per British pound?
A、30 British pounds
B、10 British pounds
C、20 British pounds
D、50 British pounds
4、When Chinese yuan appreciates, China’s ___________.
A、imports rise and exports fall
B、both imports and exports fall
C、both imports and exports rise
D、imports fall and exports rise
5、In a direct quotation, if the foreign currency is appreciating, the exchange rate __________.
A、remains unchanged
B、fluctuates
C、increases
D、decreases
6、For an indirect quote, a lower exchange rate indicates that the domestic currency is __________.
A、remains unchanged
B、appreciating
C、stronger
D、depreciating
7、In order to prevent home currency from appreciating, a central bank need _________.
A、issue more money
B、sell domestic currency
C、purchase foreign currency
D、purchase domestic currency
8、Japanese yen is not a SDR currency.
A、错
B、对
9、People are only able to exchange currencies in foreign exchange market.
A、对
B、错
10、Foreign exchange market is open 24 hours a day, 5 days a week.
A、对
B、错
11、There is a unified and central location for currency trading.
A、对
B、错
12、Currency quotations involving the Japanese yen are quoted to four places after the decimal.
A、错
B、对
13、For banks, bid price is higher than ask price.
A、错
B、对
14、Under a floating exchange rate, the government or central bank ties the official exchange rate to another country’s currency or to the price of gold.
A、错
B、对
15、A fixed rate system may limit a central bank’s ability to adjust interest rates as needed for economic growth.
A、对
B、错
