Economics MCQs

4475 MCQs  (Page 89 of 448)

If Sweden’s currency depreciates relative to Norway’s currency ?
A. Norway’s export goods become more expensive to norway’s residents
B. Norway’s exports goods become cheaper to sweden’s residents
C. Sweden’s export goods become cheaper to norway’s residents
D. Sweden’s export goods become cheaper to sweden’s residents
Which of the following is not a reason why Joe Smith (an American) might participate as a demander in the foreign exchange market ?
A. His desire to open a bank account in japan
B. His desire to purchase an automobile produced domestically
C. His desire to travel to europe
D. His desire to purchase treasury bills issued by the british government
The most widely traded currency in the foreign exchange market is the ?
A. 2. euro
B. 3. chinese yuan
C. 4. british pound
D. 5. u.s dollar