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Foreign exchange is convertible currency but foreign to the holder.A.RightB.WrongC.Doesn't

Foreign exchange is convertible currency but foreign to the holder.

A.Right

B.Wrong

C.Doesn't say

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更多“Foreign exchange is convertibl…”相关的问题
第1题
What is the important function of" the foreign exchange market mentioned in the passage?A.

What is the important function of" the foreign exchange market mentioned in the passage?

A.Its main function is to reduce the risk of fluctuating exchange rates or a change in the parity of currencies.

B.The foreign exchange market can protect the traders against loss through exchange rate fluctuations.

C.The foreign exchange market is the mechanism through which foreign currencies are traded.

D.The important function of the foreign exchange market is to uniform. the currency being traded and circulate the knowledge of price changes.

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第2题
听力原文:Banks make money in the foreign exchange dealings not on profit margin but on vol
ume.

(8)

A.Banks make money in foreign exchange business because of profit margin.

B.Banks make money from the price spread in the foreign exchange market.

C.Banks make money in foreign exchange business on profit as well as on volume.

D.Banks make money in foreign exchange business because of the great volume.

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第3题
听力原文:Typical foreign exchange transactions involve trades of one currency for another
in the spot or cash market, or forward transactions.

(3)

A.Forward transactions is not of typical foreign exchange transactions.

B.Typical foreign exchange transactions occur in the spot or cash market.

C.Forward transactions don't occur in the spot or cash market.

D.Typical foreign exchange transactions occur only in the spot market.

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第4题
The price in the foreign exchange market is called ______.A.the trade surplusB.the exchang

The price in the foreign exchange market is called ______.

A.the trade surplus

B.the exchange rate

C.the money price

D.the currency rate

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第5题
The term foreign exchange is best defined by the following statement: it is ______.A.the r

The term foreign exchange is best defined by the following statement: it is ______.

A.the rate of exchange between two currencies

B.synonymous with currency exchange

C.the place in which foreign currencies are exchanged

D.an instrument such as paper currency, note, and check used to make payments between countries

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第6题
In order to(56) foreign exchange administration, maintain strong balance of payments posit

In order to (56) foreign exchange administration, maintain strong balance of payments position, China (57) the Regulations on Foreign Exchange Administration on January 29,1996. The State Administration of Foreign Exchange is the agency responsible for foreign exchange administration. The SAFE has a similar branch structure with that of the People's Bank of China, China's central bank. The Bank of China (58) the principal foreign exchange bank. Other banks and financial institutions, (59) affiliates of non-resident banks, (60) designed transactions with the approval of the SAFE.

(41)

A.develop

B.improve

C.change

D.conduct

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第7题
听力原文:The bank of China is a state-owned enterprise and is a specialized foreign exchan
ge bank of the People's Republic of China.

(2)

A.The Bank of China is not a state-owned enterprise.

B.The Bank of China is a foreign exchange bank.

C.The Bank of China is not a foreign exchange bank.

D.The Bank of China is not very important.

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第8题
In London, a premium on a foreign exchange rate means ______.A.the foreign currency is dea

In London, a premium on a foreign exchange rate means ______.

A.the foreign currency is dearer

B.the foreign currency is cheaper

C.the foreign currency is less valuable

D.it has no relevance at all

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第9题
If employees of a bank gamble in foreign exchange dealings with the bank's money, the bank
will suffer heavy losses of foreign currencies.

A.Right

B.Wrong

C.Doesn't say

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第10题
The New York foreign exchange market is a market for exchanging foreign currencies against
any convertible currencies.

A.Right

B.Wrong

C.Doesn't say

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