Economics MCQs

A. Forward contract
B. Spot contract
C. Money contract
D. Bid contract

A. Sell; appreciation
B. Sell; depreciation
C. Buy; depreciation
D. Buy; appreciation

A. $0.0909
B. $0.1002
C. $0.2826
D. $1.1024

A. Constant
B. Inelastic
C. Elastic
D. Unitary elastic

A. Letter a credit
B. Foreign currency option
C. Cable transfer
D. Bill of exchange

A. America’s demand for swiss merchandise rises
B. America’s demand for swiss merchandise falls
C. Switzerland’s demand for american merchandise rises
D. Switzerland’s demand for american merchandise falls

A. Increase in the demand for yen
B. Decrease in the demand for yen
C. Increase in the supply of yen
D. Decrease in the supply of yen

A. Depreciate under a system of fixed exchange rates
B. Depreciate under a system of floating exchange rates
C. Appreciate under a system of floating exchange rates
D. Appreciate under a system of floating fixed rates

A. Gdp usually decreases before it increases after a currency depreciation
B. The trade balance usually gets worse before it improves after a currency depreciation
C. The trade balance usually gets better before it gets worse after a currency appreciation
D. Gdp usually decreases before it increases after a currency appreciation

A. Upward sloping
B. Downward sloping
C. Vertical
D. Any of the above